If your business requirements have changed, and you need to get out of your current lease, a surrender can be an attractive option – as long as your landlord is willing to agree. Alternatively, your landlord may want the property back for redevelopment and approach...
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Commercial property.
Unsure about high street rental auctions? Here’s the essential guide for landlords
The Levelling Up and Regeneration Act 2023 will give local authorities new powers to hold rental auctions of empty high street properties if landlords do not find tenants for themselves. The relevant parts of the legislation are not yet in force, but if you are a...
Due diligence on a commercial property acquisition
If you are considering buying a commercial property, it is up to you to do your due diligence and find out as much as possible about the property and the surrounding area before you commit yourself. You will need a solicitor to carry out formal searches of public data...
A landlord’s liability for a commercial tenant’s activities
The most successful commercial landlords take an active approach to managing their properties and commercial tenants, and there is more to this than making sure the building is well-maintained. It is also important to check that your commercial tenants are not causing...
The essential tenant’s guide to business leases and ‘contracting out’
If you take a lease of business premises, your landlord may ask you about ‘contracting out’ of statutory rights that apply to business tenancies. Before making that decision, you need expert legal advice to understand what rights you are giving up and how that might...