Our involvement doesn’t end as soon as a lease has been granted or a property acquired. Commercial property management work is legal work which is usually non-transactional, i.e. not related specifically to a sale or purchase or the grant or assignment of a lease. For example, licences from landlords to their tenants for alterations, assignment and underletting. There may also be issues about service charges, rent review or dilapidations.
Help for Landlords and Tenants
Both landlords and tenants can require legal advice throughout the term of a lease. Tenants may want to make alterations, or they may wish to assign, sublet or grant a licence to occupy part or the whole of the premises. They may require advice in relation to a rent reviews or on how and when to exercise a break option. There may also be termination issues, such as advice in relation to their repair obligations under the lease or in response to being served with a schedule of dilapidations by their landlord.
Owning a commercial property or a commercial lease can also give rise to other ongoing legal requirements or obligations that can require monitoring and, if need be, specialist legal advice. Such requirements/obligations can relate to areas such as planning law, environmental issues, asbestos management, construction law and health and safety issues.
With our experience and knowledge, we can guide you through any of these issues and provide you with practical and commercially-focused advice. We will assess your issue in a pragmatic way to come up a solution that meets your business needs and objectives in a timely and cost-efficient manner.
We can assist on a variety of issues relating to commercial leases including:-
- Licences to occupy;
- Deeds of variation;
- Rent reviews;
- Dilapidations and repairs;
- Lease termination and renewal under the Landlord & Tenant Act 1954;
- Break notices;
- Planning issues;
- Environmental issues;
- Insolvency and forfeiture;
- SDLT points;
- Drafting and negotiating lease surrenders;
- Issues at termination.