Leases
The Commercial Property team has particular expertise in acting for either Landlord or Tenant in dealing with Leases of all types of commercial property.
Please be wary of granting or accepting a Lease without having obtained the proper legal advice. Leases are usually far more complex than transfers of freehold property, and the repercussions of not fully understanding one's obligations can be very costly.
The following should be borne in mind when negotiating a lease:
Whether to have an agreement for Lease
Length of the term
Rent and rent reviews
Break Clauses
Obligation to Repair
Assignment or Sub-letting
Alterations and Improvements
Authorised use
When your lease comes to an end we can advise on the sometimes complicated process of lease renewal. We frequently advise landlords and tenants on claims relating to breach of lease repair covenants, known as dilapidation claims.
To discuss these issues in more detail, contact Hugh Berridge on 01603 693520 who will be happy to advise you.