Whether you are the landlord making a lease or the tenant taking a lease, you need to ensure you are protected in legal matters and have the freedom to conduct your operations as you wish. Your commercial business lease should do this – and have terms that are fair and transparent too.
Ultimately, your lease should reflect your business and your needs as a landlord or tenant in order to provide the right protection for you. A qualified commercial property solicitor will work with you throughout the leasing process, be it a lease granting, taking, assigning, terminating, renewal, management or default resolution – and provide you with the right lease for you.
Experienced property solicitors are able to support and assist you for the duration of your business lease or for the specific lease-related issue.
Landlords and tenants need to be careful when it comes to business leases, to ensure the lease provides the right protection for them and is fair, and they are happy with the terms.
As a landlord, you must ensure the terms are expressed clearly and include all aspects of the rent such as the amount and regularity of payment, as well as the level of tenant responsibility for maintenance, termination of lease notice, and all other details. Without the necessary terms and information, you may have limited legal protection should an issue arise in the future with your tenant.
As a tenant, it’s important to check the details and make sure there are no hidden surprises in the small print, and to make sure you’re happy with the terms before agreeing to them. If you’re unhappy with the lease terms, negotiate – professional property solicitors can help you with this to make the process far easier and much more effective for you.
Often, there are issues that affect both parties, such as the flexibility of the lease. For example, a tenant may want to pay more for a lease that offers a shorter notice period, and a landlord may be happy with this arrangement as it provides the freedom to terminate the lease if a superior tenant is found.
How We Can Help
With 150 years’ experience of handling commercial property needs for our clients, we have understanding of acting for both landlords and tenants of all property types. This includes the granting and taking of leases for landlords and tenants of companies with multiple sites, those in the retail sector, factories, hotels, offices, shops, restaurants, pubs and more.
We can advise on every aspect of business leases, from making or taking a new lease through to coping as a landlord with tenants with financial difficulties. We’ll work hard to understand your business and requirements, and make sure your needs are expressed and protected within the lease, that the information is full and accurate, and that you act within the law at every stage of your lease.
To speak to one of our professional commercial property solicitors or to find out more about the services we provide, contact us on 01244 313 301 or email email@example.com
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