Commercial Leases
Whether you are a business looking to rent commercial premises or a landlord wanting to let a property that you own to a business tenant, it is important to ensure that there is a fair and legally binding lease agreement in place. We can act for both commercial landlords and tenants.
Having a properly drafted commercial lease will prevent potential problems which may arise in the future and assist you in the smooth running of your business saving potential time, money and inconvenience.
Key areas to consider for both commercial landlords and tenants are:
- Length of the lease
- Rent and rent reviews
- 'Break Clauses' to terminate the lease early
- Repair and insurance obligations
- Stamp Duty Land Tax considerations
- Dilapidations
- Extension and renewal of lease
- Termination of lease
Contact us if you are a commercial landlord requiring a lease agreement prepared or a tenant about to enter into a Commercial Lease and require advice about the proposed terms. Often negotiations between parties can result in a mutually acceptable lease. We can assist in all of this.
