October 25, 2023 No commercial landlord wants their property empty. A vacant unit costs money in repair, insurance, and business rates, without producing any income; and it could be vulnerable to vandalism or squatters. Getting a short-term occupier into your property...
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Green leases for commercial property and the new model clauses
The idea of green leases for commercial property is rising up the agenda as policies push all parts of the economy towards net zero, but many commercial landlords and tenants do not really know what green leases should contain, and who should pay for improvements. A...
The smartest way to sell your commercial property quickly
In a bumpy market, it pays to be well-prepared before you choose to sell your commercial property. Your solicitor will help you to be ready for the kinds of questions you should expect from prospective buyers as they and their solicitors carry out due diligence...
Exercising a break clause – top tips for commercial tenants
If you are a business tenant, a break clause in your commercial lease gives you valuable flexibility to move out if circumstances change, but the law on break clauses is full of traps for tenants. If you want to be certain of ending your lease successfully, you must...