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Commercial Lease

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Commercial Lease for Landlords

A commercial lease is a business arrangement between a landlord and tenant that gives the occupant the option to use a property for a commercial reason, throughout a predetermined timeframe, for a characterized amount of cash.

The legal restricting agreement contains statements and arrangements describing the tenant’s rights and commitments and the landlord.

At times, these can be one-sided for the landowner, and like this should be deliberately investigated by commercial lease solicitors.

We understand that a commercial lease is an enormous financial commitment for proprietors and occupants, which requires expert legal advice to guarantee the two players get a reasonable arrangement, and that’s where we come in handy.

Our commercial lease solicitors can draft leases to suit any circumstance, including rate leases, gross leases, single net leases, twofold net leases, and triple net leases just as legal solutions. We will examine your necessities as a landowner or occupant, giving practical advice at each stage and guaranteeing the result to ensure your inclinations best.

We act for a wide range of landlords and tenants and, whatever your requirements may be, our solicitors provide clear and decisive commercial advice and offer pragmatic solutions tailored to your needs.

Our team of expert commercial property solicitors have vast experience locally, regionally, and nationally in dealing with a broad range of commercial lettings. Whether you own a unit on an industrial estate, shopping centre, office block or high street shop, we can work with you to achieve your estate management objectives.

Our expertise includes:

- advising on heads of terms
- drafting and negotiating agreements for lease and leases
- dealing with tenant applications for consent, whether for alterations, assignments, or subletting
- advising on break clause, rent review and service charge issues
- advising on “green lease” clauses.

Commercial Lease for Tenants

We can assist you with all aspects of obtaining a lease of a property, whether you are an experienced tenant trading from hundreds of units, or if you are embarking on a new business venture for the first time. We deal with many types of properties for tenants, including shops, offices, manufacturing sites, industrial units, and restaurants.

Our expert commercial property solicitors will give you clear, concise and practical advice tailored to suit you.

We take the stress away from what can seem like a confusing process and ensure that you are kept fully informed at every stage of the transaction.

Our areas of expertise include the following:

- Negotiating and advising on heads of terms
- Drafting and negotiating new leases, renewal leases and agreements for lease
- Negotiating licences for alterations, including advice on reinstatement provisions
- Making licence to assign applications, including advising on the conditions a landlord may be able to attach to any consent
- Advising on break clause issues
- Advising on rent reviews, service charge and security of tenure issues
- Advising on “green lease” clauses and The Green Deal
- Advising on issues affecting the landlord’s title such as rights of light and covenants
- Drafting and negotiating deeds of variation and surrenders of leases
- Dealing with post-completion matters including Stamp Duty Land Tax and Land Registry applications