Commercial Property Lease
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Leasing a commercial property can be an exciting step in any business owner’s career. Whether you are starting a new business, taking an existing business from the internet out into the world, or expanding your current business to a new location, leasing a property should be cause to celebrate. Equally, if you are a landlord, finding a trustworthy tenant to occupy your commercial space can be a welcome end to the letting process.
Unfortunately, whether you are a landlord or a tenant, sometimes leasing can be less than straightforward. From rent reviews to disputes, arrears and broken contracts, the leasing process can quickly become stressful and challenging. Knowing where you stand from a legal perspective in situations like these is extremely important, which is why it is always a good idea to have a Solicitor experienced in Commercial Property Law on your side.
If you are a tenant or landlord in need of legal advice or guidance, our Commercial Property team can help.
Acting for the Landlord
If you own a property suitable for commercial use and already lease it to a tenant or are looking to begin leasing a property you own, a Solicitor can provide a number of useful services. At the beginning of the leasing process we can advise you on what to expect from leasing and what to cover in the terms of your lease, from basic tenancy periods and rates to renewals, sub-letting and improvements, break clauses and exit fees.
Finally, if you are planning to either expand your portfolio or sell your existing assets, we can provide guidance on all aspects of the buying and selling process, including how to manage existing tenants.
Acting for the Tenant
When looking to lease a commercial property, the complex contracts and unfamiliar terms can be bewildering. It is important to know exactly what you are agreeing to before you sign anything however, as getting locked into a contract that is not suitable for your needs can be potentially disastrous. That is why we strongly suggest seeking legal advice before committing to any lease.
What We Can Offer You
When looking to lease a commercial property, the complex contracts and unfamiliar terms can be bewildering. It is important to know exactly what you are agreeing to before you sign anything however, as getting locked into a contract that is not suitable for your needs can be potentially disastrous. That is why we strongly suggest seeking legal advice before committing to any lease.
Our Commercial Property team have many years of experience working on behalf of both landlords and tenants. We have helped bring countless business owners together with commercial property owners.
If you would like to find out more about how we can assist you, please contact a member of our Commercial Property team.