Commercial Property Leases

How our solicitors can help with commercial property lease agreements

Every office, retail unit or warehouse is an opportunity in the making. For landlords, it’s rental income. For potential tenants, it’s a home for their business.

While these interests can work in harmony, the likelihood is that at some stage they will conflict. A landlord might want to increase rent at rates that are too onerous for their tenant, or a tenant might want a break clause that their landlord feels does not offer the necessary commercial assurances.

At Nelsons, our commercial property solicitors in Derby, Leicester and Nottingham work with landlords and business tenants to advise on and negotiate the right lease terms for them.

Our commercial lease services include:

1. Lease drafting and negotiation

• Prepare and review commercial lease agreements
• Negotiate favourable terms for both landlords and tenants
• Draft and review heads of terms
• Advise on break clauses, rent reviews, and service charges
• Handle lease renewals and extensions

2. Due diligence

• Conduct thorough property searches and enquiries
• Review title documents and identify potential issues
• Investigate planning permissions and building regulations compliance
• Assess environmental risks and liabilities

3. Lease assignment and subletting

• Advise on assignment and subletting procedures
• Draft and review assignment and sublease agreements
• Negotiate consents with landlords
• Handle deed of covenant and guarantee arrangements

4. Lease termination and exit strategies

• Advise on break clause exercises
• Negotiate surrender agreements
• Handle dilapidation claims
• Assist with forfeiture proceedings and relief applications

5. Rent reviews and lease renewals

• Represent clients in rent review negotiations
• Advise on rent review dispute resolution procedures
• Handle lease renewal proceedings under the Landlord and Tenant Act 1954
• Negotiate terms for lease renewals

6. Property management and landlord-tenant disputes

• Advise on service charge issues and disputes
• Handle breach of covenant claims
• Assist with property management agreements
• Represent clients in mediation and Court proceedings

7. Commercial lease portfolios

• Manage large-scale lease portfolios for corporate clients
• Provide strategic advice on lease restructuring and rationalisation
• Conduct lease audits and compliance reviews

8. Sector-specific lease advice

• Retail and shopping centre leases
• Office and co-working space agreements
• Industrial and warehouse leases
• Restaurant and hospitality venue leases
• Healthcare and medical facility leases

9. Development and investment support

• Advise on pre-let agreements for new developments
• Handle agreements for lease and development agreements
• Assist with sale and leaseback transactions

Watch our video on the commercial property leases, presented by James Coningsby, Partner and Solicitor…

Why choose Nelsons for your commercial lease needs?

• Expertise – Our team includes specialist commercial property solicitors with extensive experience in all aspects of commercial leases. The team is also recommended by the independently-researched publication, The Legal 500, as being one of the top teams of experts in the country.
• Commercial acumen – We combine legal expertise with a deep understanding of the property market to provide practical, business-focused advice.
• Comprehensive service – From initial negotiations to dispute resolution, we provide comprehensive support for all commercial lease matters.
• Client-centric approach – We tailor our services to meet the specific needs of each client, whether you’re a small business tenant or a large property investor.
• Efficiency – We utilise cutting-edge legal technology to streamline processes and deliver cost-effective solutions.
• Clear communication – We pride ourselves on providing clear, jargon-free advice to help you make informed decisions.
• Dispute resolution expertise – Our team includes experienced litigators who can robustly represent your interests in Court if needed.
• Local knowledge – With deep roots in the East Midlands and wider UK property market, we offer insights into local trends and regulations.

For further information in relation to how our team of solicitors can assist with commercial property leases, please contact us via our online form or call 0800 024 1976 for a guaranteed response.

Testimonials…