Our commercial property team have years of experience drafting and advising on commercial leases. We act for both landlords and tenants of commercial premises and have extensive knowledge and appreciation of the issues involved from both sides of a transaction. We provide clients with clear and relevant advice that is straight forward to understand.
Drafting Commercial Leases
We draft leases for a wide variety of commercial properties and uses including retail units, offices, industrial units, warehouses, factories and medical practices.
Commercial leases are invariably lengthy and complex documents. They will set out the terms and obligations between the landlord and tenant for the lease term (and possibly beyond) and therefore it is imperative they are drafted and reviewed by a specialist.
From a tenant’s point of view, an onerous lease can make the difference between the success or failure of a business. We will ensure that the lease is suitable to a client’s business needs and gives them flexibility should their requirements change throughout the term.
We will do our best to ensure that transactions run smoothly and efficiently, and we work closely with our clients to help achieve any target deadlines. From a tenant’s perspective it is vital to ensure that they gain occupation and commence their business operations within agreed timescales. From a landlord’s point of view, they will want to ensure that their business premises are not left vacant and to avoid any interruption to their rental income.
We can also assist on other issues relating to commercial leases such as:-
- Licences to assign;
- Licences to underlet;
- Licences to alter;
- Deeds of variation;
- Rent reviews;
- Dilapidations and repairs;
- Lease termination and renewal under the Landlord & Tenant Act 1954;
- Planning issues; and