Bartletts Solicitors

Helping Chester & Wrexham Families & Business For Over 158 Years

Call Us Free   Phone  0800 988 3674  
or Mobile  Mobile 0333 200 4465  
  • Home
  • About Us
    • Liverpool Office
    • Wrexham Office
    • Matthews Lewis Hoole Solicitors
    • Our Commitment to Wales
    • Our Costs
    • Careers
  • Our Services
    • Personal Injury
      • Free Personal Injury Enquiry
      • Accidents At Work?
      • Accidents In A Public Place?
      • Children’s Accident Claims
      • Construction Site Injury Claims
      • Cyclist Injury Claims
      • Defective Product Injury Claims
      • Head Injury Compensation Claims
      • Industrial Disease Claims
      • Hospital Negligence Claims
      • Medical Negligence Claims
        • Dental Negligence Claims
      • Motorbike & Cycling Accidents
      • Office Accident Claims
      • Road Accidents
      • Slips, Trips & Falls
      • Successful Claims
      • Supermarket Accidents
      • Warehouse Accident Claims
      • Other Accident Claims
        • Animal Attack Personal Injury Claims
        • Holiday Accident & Injury Claims
        • Military Injury
        • Cosmetic Surgery Compensation
        • Slips, Trips and Falls at Hotels
        • Sports Personal Injury Claims
        • Horse Riding Accidents
        • Water Park Accidents & Illnesses
        • Theme Park Accidents
        • Water Sports Accidents
        • Festival & Fairground Accidents
        • Campsite and Caravan Park Accidents
    • Housing Disrepair Claims
      • What Is Housing Disrepair?
      • FAQs About Housing Disrepair Claims
      • Suing a Housing Association for Disrepair
      • When Should You Claim Against Your Landlord For Unfit Housing?
      • Housing Disrepair Compensation Calculator
      • How Much Compensation Can You Claim For Housing Disrepair?
      • Do I need to give my landlord notice of a housing disrepair claim?
      • Compensation for Injuries to Children Caused by Housing Disrepair
    • Wills & Probate
      • Wills
        • FAQs About Wills
        • Deed of Variation Solicitors
        • Suing a Dead Person’s Estate
        • Will Disputes & Inheritance Claims
        • Dependancy Claims
      • Probate
        • What to do when a loved one dies – A legal guide
      • Prices For our Wills & Probate Services
      • Power of Attorney
      • Court of Protection
      • Estate Administration
        • Trusts
        • Life Interest Trusts
        • Tax Planning
        • Planning For Long Term Care
    • Residential Conveyancing
      • Buy-to-Let Conveyancing
      • Chester Conveyancing
      • Liverpool Conveyancing
      • The Conveyancing Process
        • Conveyancing Quote
        • How To Avoid Being Gazumped
      • New Homes
      • Buying Your Home From the Council or Housing Association
      • First-Time Buyers
    • Commercial Conveyancing
      • Landlord and Tenant
      • Business Leases
      • Buy To Let
      • Stamp Duty on Commercial Property Leases
      • Negotiating Commercial Lease Terms
    • Agricultural Law
      • Farming Tenancies legal advice
      • Contract Farming/Share Farming Agreements
      • Capital Gains Tax
      • Planning Succession to Farms
      • Conversion of redundant buildings & barns & tax consequences
      • Environmental Law Issues
      • Development Options for Farm Land
    • Hair, Beauty & Laser Claims
      • Hairdresser Injury Compensation
        • Cuts & Bleeding at Hair Salons
        • Hair Dye Allergic Reactions
        • Hair Straightening Injuries
        • Hair Extensions Injuries
        • Hair Perming Injuries
        • Hair Infections & Diseases
      • Eyebrow Wax Burns
        • Eyebrow Tinting Injuries
        • Eyebrow Threading Injuries
      • Eyelash Tinting Injuries
        • Eyelash Extension Injuries
        • Eyelash Perming Injuries
      • Laser Treatment Injury Compensation
        • Laser Hair Removal Injuries
        • Laser Skin Resurfacing Injuries
        • Laser Tattoo Removal Injuries
        • Laser Vein Removal Injuries
      • Other Beauty Claims
        • Acupuncture Gone Wrong?
        • Body Piercing Injuries
        • Chemical Skin Peel Injuries
        • Cellulite Treatment Injuries
        • Injuries at Health Spas
        • Microblading Injuries
        • Microdermabrasion Injuries
        • Nail Injuries
        • PDT Treatment Injuries
        • Pedicure Infections
        • Semi-Permanent Make-Up Injuries
        • Syringoma Electrolysis Injuries
        • Sunbed Tanning Injuries
        • Tattoo Injuries
        • Waxing Treatment Injuries
  • Reviews
  • Meet Our Team
  • News
  • Contact

How Can a Tenant Exit a Commercial Property Lease?

The easiest way for a tenant to exit a commercial lease is by leaving at the end of the fixed term. However, the tenant should be careful on the correct manner to do this. To discuss a commercial lease contact us today.

Solicitors Advising on How to Exercise a Commercial Lease Break Clause

A tenant may be able to exercise a break clause in their commercial lease (if the document contains such a term), allowing them to terminate the agreement before the end of the fixed period. A break clause may however have conditions attached to it by the landlord, and obligations that need to be complied with before the clause can be activated. This is an area where the advice and expertise of a commercial property solicitor can be of critical importance for a commercial tenant seeking to end their lease.

Recent Customer Review: ‘James was excellent. Thorough, helpful and very professional throughout. Fees were made clear from the beginning and no hidden extras.’

Legal Advice on Negotiating a Deed of Surrender is Critical

Tenants may be able to negotiate a deed of surrender with their landlord, bringing an early end to a commercial lease. A landlord may be amenable to a tenant surrendering their lease by deed if, for example, the market has improved since the lease was originally signed, and the landlord can expect to get a higher rent from a new tenant. Alternatively, faced with the reality of a tenant unable to fulfil their obligations, a landlord may agree to accept a financial premium to terminate a commercial lease before the end of the agreed term.

Can I Assign My Commercial Lease to Another Person?

In certain circumstances a tenant may be able to assign their lease to a third party, or effectively sell it, and in the process dispose of all their liabilities under the agreement. If the lease terms are particularly favourable, the assignee may need to pay a premium to acquire the lease, or alternatively the original tenant may be forced to contribute to the assignee’s rent for the remainder of the lease term, or otherwise pay a ‘reverse premium’, if the value of the lease has declined since the agreement was signed.

How Do I Sub-Let My Commercial Property Lease?

Tenants may also be able to sub-let their lease, with the landlord’s consent, to a third party. The original tenant will remain liable to the landlord under the terms of the lease, and will sign a separate sub-lease agreement with the sub-tenant. Again, clauses in the lease may inhibit the tenant’s freedom of action in terms of sub-letting, and a commercial property solicitor will be needed to examine the relevant terms in the lease document.

If I Stop Paying Rent Will My Commercial Lease Come to an End?

Finally, if negotiations with a landlord to end a commercial lease fail, and in the absence of other options, the tenant may simply decide to stop paying the rent. As long as there is no personal guarantor, the landlord will then be in the same position as other creditors with claims on a failing or insolvent business. This is obviously not an ideal solution for either party, but may be the inevitable result of commercial reality.

Make an enquiry today

For further information or advice about Residential Conveyancing please contact Bartletts Solicitors today on Freephone 0800 988 3674, or 01244 311 633 email advice@bartletts.co.uk.

Alternatively, you can Make An Online Enquiry and one of our team will be in touch with you as soon as possible.

Commercial Conveyancing

  • Commercial Conveyancing
  • Landlord and Tenant
  • Business Leases
  • Buy To Let
  • Negotiating Commercial Lease Terms
  • Stamp Duty on Commercial Property Leases
  • Evicting Squatters From Commercial Property
  • Warehouses and Fulfilment Centres Lease
  • Industrial Unit Lease
  • Dark Kitchens Lease
  • Office Lease
  • Hair Salon Lease
  • Shop Lease
  • Restaurant Leases
  • Surgery Lease
  • E-Cigarette Shop Lease

Make A Free Enquiry

     

    What Clients Say

    "I was hit by a car while working as a refuse collector in Ellesmere Port I went to Bartletts in Chester, Frodsham Square, they were brilliant I was represented by a guy called Matthew I gave him the CCTV footage of the accident and he immediately agreed to take my case now on my part I was pretty awful I missed appointments I didn't reply to letters and I got lazy about it but Matthew persisted with me and didn't give up he sorted all necessary checks appointments and they even took me to an appointment in Manchester as I didn't drive, four years later (would've been less if I didn't be so passive regarding appointments etc) I was offered £3000 first Matthew said the offer wasn't good enough and that we should keep going, numerous offers later I walked away with £8000 minus their fees, which in my eyes was amazing ........ Bottom line they will stick with you even if your a pain and they will get results. Brilliant solicitors especially Matthew from the Chester office."

    - Mr LD February 3, 2021

    Why Choose Us
    • Settled over 12,000 accident claims.
    • Recovered over £68 million in compensation.
    • A true No Win No Fee service.

    Read More>>

    Meet Our Team

    Latest News

    • Probate Property Sales Solicitors
    • Wills And Probate Solicitors
    • Probate Solicitors Near Me

    © Bartletts Solicitors Limited 2024 – Offices in England and Wales

    • Careers
    • Contact
    • Unhappy With Our Service?
    • Legal
    • Cookies Policy
    • Privacy Policy
    • Facebook
    • LinkedIn
    • Twitter

    We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
    Cookie SettingsAccept All
    Manage consent

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
    Necessary
    Always Enabled
    Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
    CookieDurationDescription
    cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
    cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
    cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
    cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
    cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
    viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
    Functional
    Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
    Performance
    Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
    Analytics
    Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
    Advertisement
    Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
    Others
    Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
    SAVE & ACCEPT