Commercial Leases

Commercial Leases can be complex. You must understand your liabilities and obligations, whether you are a landlord or a tenant. We offer a range of services, such as preparing and/or reporting on the following documents:

Agreement for lease
Licence for alterations
Licence for assignment
Rent deposit deed
Authorised Guarantee Agreement (AGA)

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Commercial Lease Guidance

Obligations can arise both as a result of law and as a result of the terms of the lease.

We offer expert guidance in all areas of commercial leases to both landlords and tenants with assistance from beginning to end.

Some of the most common issues (but certainly not all) are:

What is the Tenant’s repairing obligation?
Can the Tenant make alterations to the Property?
Can the Property be sub-let?
Is the Tenant entitled to a renewal at the end of the term?
What happens if the Property is destroyed?
Can I repossess and change the locks if the Tenant does not pay the rent?

While using an older lease or template found online may be tempting, the consequences can be significant if you do not understand the terms. In addition, as many leases are granted for several years, consideration must be given at the outset for possible or proposed changes in law and how this might impact your obligations.