Notional rent used in service-charge gross-ups.

Notional rent used in service-charge gross-ups.
Where a building has substantial vacant space, the landlord uses a notional 'yardstick' rent to allocate certain expenses.

Yardstick rent

Leasing · UK

Short definition

Notional rent used in service-charge gross-ups.

Full definition

Where a building has substantial vacant space, the landlord uses a notional 'yardstick' rent to allocate certain expenses. Mostly UK practice. Check the definition — landlords sometimes use yardsticks above market.

Why this matters for Class A leasing

Yardstick rent is part of the leasing vocabulary that institutional Class A occupiers, landlords, and advisers use across UK markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks the UK definition alongside the global standard so cross-border occupiers can translate quickly.

Notional rent used in service-charge gross-ups.

Notional rent used in service-charge gross-ups.
Where a building has substantial vacant space, the landlord uses a notional 'yardstick' rent to allocate certain expenses.

Yardstick rent

Leasing · UK

Short definition

Notional rent used in service-charge gross-ups.

Full definition

Where a building has substantial vacant space, the landlord uses a notional 'yardstick' rent to allocate certain expenses. Mostly UK practice. Check the definition — landlords sometimes use yardsticks above market.

Why this matters for Class A leasing

Yardstick rent is part of the leasing vocabulary that institutional Class A occupiers, landlords, and advisers use across UK markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks the UK definition alongside the global standard so cross-border occupiers can translate quickly.