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Using a solicitor for your commercial property lease isn’t a legal requirement, but it’s highly advisable to take bespoke advice.
Commercial leasing of properties can be quite complex, especially when it comes to negotiations and staying up-to-date with changes to legislation. Whether you're a landlord looking let your commercial property and need a comprehensive lease drafting or a business looking for the perfect rental location, understanding the intricacies of commercial leases is essential.
No matter what you’re looking for, our specialist Commercial Property Solicitors have the experience needed to draft, advise and review your commercial leases.
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 for a set period of time.
The lease is there to protect both parties, outlining their rights and obligations during the leasing period.
A typical commercial lease will cover:
However, commercial leases can often be far more complex, so it’s always recommended that you discuss your options with a professional Commercial Property solicitor.
Our Commercial Lease Solicitors specialise in drafting commercial lease agreements and negotiating their terms, ensuring your property and rights are protected.
As a landlord, it’s incredibly important that you’re aware of (and understand) your obligations and responsibilities according to the agreement to avoid unnecessary litigation 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 throughout the leasing period.
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 during the leasing term.
Entering into a commercial lease is a significant step for any business, and fully understanding the terms and conditions is crucial to avoid potential pitfalls that could be detrimental to your business.
Having a commercial lease solicitor in place will help you decide on lease types, what to do about any ‘unreasonable’ terms, your renewal options, and what would happen to the lease in other potential scenarios such as business failure.
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 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:
Alternatively, 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.
Whether you're a landlord or a tenant, we cover every aspect of the commercial leasing process. Count on us for comprehensive advice.
At GloverPriest, we provide friendly and transparent legal advice. If you would like further advice about your commercial lease agreement or general advice regarding your business premises, please don’t hesitate to speak to one of our expert commercial property lawyers today.
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