Top Ten Tips For Veterinary Tenants

Whether you are looking to buy a veterinary surgery, relocate your veterinary practice or expand your business. There are many important decisions to be made before the deal is done. To help focus your options in relation to the property aspects this article sets out our "top ten" issues to consider before signing up to your new veterinary lease.

Counting down from ten – Rent review

With most veterinary leases granted for ten years or more landlords will want to include provisions for the rent to be reviewed – usually every 5 years. This may be in line with market rent, assessed by a rent review surveyor or calculated in accordance with a formula referring to a measure of inflation such as the Retail Prices Index.