Legal advice for business property leases
A commercial property lease represents a significant commitment on the part of both landlords and business tenants, so it pays to get the right terms in place.
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.
How our solicitors can help with commercial property lease agreements
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 which are too onerous for their tenant, or a tenant might want a break clause which their landlord feels does not offer the necessary commercial assurances.
Typical issues which we deal with include:
- Landlord consent
- Rent and rent reviews
- Service charges
- Assignments and sub-letting
- Break clauses
- Lease renewals
- Recovery of possession
- Personal guarantees
- Responsibility for repairs
In a commercial environment, neither landlords nor tenants can afford to spend longer than necessary putting the formalities in place.
That’s why we act quickly and incisively, getting to the heart of a client’s objectives and securing the best possible terms for them for now, and well into the future.
Our Commercial Property team is also recommended by the independently-researched publication, The Legal 500, as being one of the top teams of experts in the country.
For further information in relation to how we can assist you with a commercial lease, please contact us via our online form or call 0800 024 1976.
"With particular expertise in the retail and education sectors, Nelsons Solicitors Limited's Leicester team is instructed by developers, investors and banks in various matters, including lease agreements, investment purchases, secured lending transactions and property sales."Legal 500
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