If your commercial lease is coming to an end and you are negotiating a new one, it could be worth trying to get a better deal on some of the terms. Like any commercial negotiation it depends whether you or your landlord have the most bargaining...
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Commercial property.
New business premises – how to balance security of tenure with flexibility
If your business has grown and you are ready to take a lease of new business premises, there are some things you should take into account when negotiating with your future landlord. You want the certainty of knowing you will be able to stay there long enough to get...
Building Safety Act and new rules – will you be caught?
The Building Safety Act and a range of other safety-related regulations were introduced in the wake of the Grenfell Tower fire. The obvious focus is high-rise residential buildings, but the new rules actually have a wider reach. Some of the changes affect...
Commercial rent reviews – is ‘upward only’ under threat?
If you grant a lease for more than five years, you will want to include a rent review, so that you can make sure the rent does not fall below the market average. Rent reviews in UK commercial leases are usually ‘upward only’ which means the lease rent goes up if...
Make sure you have the power to recover commercial rent arrears
Protecting your rental income is important from the outset, both when selecting a tenant and negotiating a lease. How can you put yourself in the best position if things take a turn for the worse and your tenant is late paying? ‘Some tenant...