From a legal point of view the grant or transfer/assignment of a commercial or business lease can be a complex area of law and practice. Commercial leases may involve a variety of premises from offices and shops to industrial premises, shopping malls, as well as restaurants, surgeries, licensed premises and development sites, and raise important issues whether you are a landlord or a tenant.
Our property department is able to help you every step of the way. This may involve planning issues, the funding of any leasehold purchase, as well as lease surrenders, licences for alterations, rent deposits and often commercial mortgages.
Other crucial aspects might be considering the consequences of accepting or excluding the various provisions of the 1954 Landlord and Tenant Act which affect most business premises. These are matters that need to be considered at inception and may be essential for your future plans and intentions. Often we need to liaise and work with surveyors on issues relating to rent reviews, dilapidations and many other matters which can arise.
Instructing bailiffs or dealing with forfeiture for non-payment of rent or breach of tenants’ covenants are examples where professional help and advice is often needed.
Attention to detail is important and one of our experienced solicitors dealing with your matter will at all times aim to secure a professional and timely outcome.