A tenancy or lease exists where someone lets premises to another for a term in return for a rent. The term of the letting is usually a number of years.
The expression "business lease" is commonly used to refer to a tenancy of premises used for the purposes of running some kind of business. The premises may be a building, part of a building, or even open land, used for example as a temporary car park.
Our lawyers have many years of experience in working for Landlords and Tenants with a variety of commercial leases. It might be a long or particularly complicated lease or a short lease or at a low rent. Whatever, we can prepare and advise on these arrangements and deliver a service within agreed cost budgets to suit your needs.
We can assist with matters such as:
- Drafting leases
- Landlords' and tenants' covenants
- Landlords' and tenants' continuing liability
- Licence to assign
- Rent reviews
- Repairing liability
- Lease renewal and extension
- Rent recovery