It is important for both the landlord and the tenant to get professional advice before they enter into a commercial lease. We have extensive experience of acting for both landlords and tenants with various types of commercial tenancy.
If you are a landlord, it is crucial to protect your interests in the event of the tenant’s non-payment of rent or other breach of convenant. You also need to protect yourself in the event of the tenant’s insolvency, or its assignment or underletting of the premises to a third party. We can make sure that appropriate safeguards are put in place, future-proofing the lease against these eventualities.
If you are a tenant, premises may be more, or less, important to your business. Either way, we can take care of the legal paperwork. Leases are prepared by landlords’ solicitors so first drafts tend to be rather landlord-friendly. We are used to negotiating more balanced documents. We are also used to ensuring leases contain the necessary exit strategies. When you need to move or expand, dealing with it can be a real headache. It takes time and energy away from you looking after your customers. We understand this and we will do everything we can to make your move or expansion as seamless as possible.
Contact us if you need help with any of the following:
- granting or taking a new lease or a renewal lease;
- exercising a break option; or
- a dilapidations claim, a rent review, or a lease surrender or assignment.
We can also help with “property management”. You can ask us for advice on, for example, licences to assign or to underlet, and for alterations or changes of use, and “landlord and tenant” litigation. Contact Andrew, Siobhan or Eddie to find out more.
You can also call us on 01295 253211 for more information and advice.