How to Increase Garage Rent by 30% Without Losing Your Tenant
The mechanics of rent reviews, tenant retention, and the sequencing that works.
A garage you bought five years ago at £85/month is probably under-rented in 2026. Local comparables have moved to £110-130/month, building costs and insurance have risen, and your tenant — an unobtrusive man named Steve who pays on time and never calls — has been quietly enjoying a rent that is now 30% below market.
You would like to bring it up. You would also rather Steve does not leave, because the next tenant search will cost you 4-8 weeks of voids plus your time.
This is the playbook we use to raise garage rents toward market without triggering an exit.
The economics of the trade-of...
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