Commercial Lease Solicitors

Commercial Property Solicitors

Commercial Leases

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Commercial Lease Solicitors

Leasing commercial properties involves complex legalities and negotiations. Whether you're a landlord looking to draft a lease for your commercial space or an entrepreneur or business seeking the perfect location, understanding the intricacies of commercial leases is essential.

What is a commercial lease?

A commercial lease is a legally binding agreement between a landlord and a tenant, allowing the commercial tenant the right to use the property for business purposes such as for a retail space or office area. 

Commercial Lease solicitors for Landlords

We specialise in drafting commercial lease agreements including negotiating heads of terms and ensuring your property and rights are protected.

As a landlord, it is vital that you are aware of your obligations and responsibilities according to the agreement to avoid unnecessary disputes. Equally, it is important to know where you stand when it comes to addressing issues with tenants. Having a commercial lease solicitor helps protect your interests giving you peace of mind.

Commercial Lease solicitors for Tenants

A commercial lease is a contractual agreement between a business tenant and a landlord, outlining the terms and conditions for the use of a commercial property.

Entering into a commercial lease is a significant step for any business, and understanding the intricacies of the terms and conditions is crucial to avoid potential pitfalls that could be detrimental to your business. Having a commercial lease solicitor in place helps you with deciding on lease types, renewal options, and potential scenarios such as business failure.

Commercial lease experts

When it comes to negotiating or renegotiating lease terms, the involvement of a commercial lease solicitor is crucial. They play a vital role in liaising with chartered surveyors or commercial valuers to ensure fair pricing for business premises. A legally binding agreement not only protects tenants during the contracted period but also provides informed choices for lease renewal, extension, or termination.

If you’re a landlord tackling difficulties with a commercial tenant or a tenant who is having issues with your commercial landlord, we are on hand to help. Alternatively, if you’re entering into a commercial lease agreement and need expert advice and assistance drafting a commercial contract, don’t hesitate to contact us.

We also offer clear and practical legal advice on a range of issues, including:

We pride ourselves on developing a client-friendly environment. Whether you're a landlord or a tenant, we cover every aspect of the process. Count on us for comprehensive advice.

 

WHY GLOVERPRIEST?

At GloverPriest, we provide friendly and transparent legal advice. If you would like further advice about your commercial lease agreement, please don’t hesitate to speak to one of our expert commercial property lawyers today. Complete our enquiry form.

 

Frequently Asked Questions

 

Do you need a commercial lease solicitor?

It is a good idea to use a commercial lease solicitor when drafting or reviewing a commercial lease. They are able to navigate the complex world of commercial leases, offering expert advice on negotiation, identifying potential risks, and uncovering potential loopholes that may exist in the lease agreement.

A commercial lease is a cornerstone for any business, but, the intricacies of commercial leases, often laden with legal complexities and unfamiliar jargon, can bring significant challenges for business owners. Leases include crucial details such as lease duration, rent amounts, maintenance responsibilities, and industry-specific clauses. This is where the expertise of a commercial lease solicitor becomes invaluable. The risk of not using a solicitor could lead to disputes arising from poorly negotiated terms.

What do you need to include in a commercial lease?

When it comes to commercial leases, it’s important to remember to carefully consider the duration of the lease in alignment with your short-term and long-term business goals. Pay close attention to the rent term and review, ensuring a clear understanding of the payment structure, frequency, and any associated terms. 

It's crucial to negotiate rent review clauses to prevent unexpected increases. The inclusion of a break clause is essential, it allows either party to terminate the lease earlier without penalties in case of unforeseen circumstances. Verify that the usage clause aligns with your business activities, and discuss the potential for a broader usage clause if restrictions exist. 

You need to also understand the terms related to assignment and subletting, being mindful of any limitations. Additionally, review the lease's specifications concerning modifications and repairs, clarifying responsibilities for property alterations and restrictions related to signage and decorations for instance.

What types of commercial leases are there?

Protected commercial leases give tenants the right to continue occupying the property under the same terms even after the lease expires. These conditions hinge on factors such as exclusive business use, possession, and a fixed-term basis. On the other hand, unprotected commercial leases are a bit more straightforward as the lease concludes at the end of the term, and the tenant must vacate the premises. 

 

Do you have to use a solicitor for a Commercial Lease?

Is a commercial lease legally binding?

What happens if a commercial tenant doesn't pay rent in the UK?

How long is the average commercial property lease?

How long does it take to evict a commercial tenant in the UK?

How long can a commercial tenant stay after the lease expires?

Does a landlord have to renew a commercial lease?

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