Commercial Leases

Commercial Leases

Commercial leases can be complex and usually require certain elements of flexibility. They can be one of your business’ biggest investments and can place huge obligations on both you and your business. It is vitally important that you seek legal advice prior to entering into any commercial lease as failing to do so could result in unwanted long term consequences and implications.

How can we help with Commercial Leases?

We are familiar and highly experienced acting in the negotiation of commercial leases for landlords and tenants, and funders and developers. Due to this breadth of experience, we can provide advice as to the most appropriate and most efficient leases for your needs. 

Our clients, who range from retailers operating on a national basis to individual landlord’s and occupiers of business premises throughout the UK, rely on our negotiation skills and the practical, tailored advice that we provide. 

Important considerations when entering into a commercial lease include but are not limited to:

• the amount of rent payable and whether it can be increased, 
• whether VAT is payable, 
• whether there is a service charge, 
• who is responsible for any necessary repairs to the property, 
• whether suitable planning in place for the intended use,
• whether the property can be assigned; and
• what happens at the end of the lease.

We can assist with this as well as investigating title, drafting and negotiating heads of terms, drafting and negotiating the lease along with any other documentation required such as licences for alterations, rent deposit deeds, licences to sublet or schedules of condition.

We will get to know you, your business and what is important to you to ensure your best interests are met at all times. We can take a project management role in the lease so that you can leave it in our hands and focus on your business.