For Business
Commercial Landlords & Tenants
Commercial leases create important legal and financial obligations for both landlords and business tenants. Issues involving rent, lease terms, property condition, renewal or termination can have a significant impact on commercial operations and investments.
We advise landlords and tenants throughout the lifecycle of commercial leases, from assignments and renewals to disputes, arrears and termination. Our advice is practical and focused on the client's commercial objectives.
Areas of service
Assignment transfers a tenant's lease to another party, while subletting allows another occupier to use all or part of the premises under a separate arrangement.
We review the lease requirements, advise on landlord consent and prepare or review the necessary documentation to help the transaction proceed correctly.
Relief from forfeiture may allow a tenant to seek restoration of a commercial lease after a landlord has exercised a right to forfeit it.
We advise on the circumstances, available remedies and urgency involved, and can prepare or respond to applications where appropriate.
Commercial leases contain covenants governing matters such as use, repair, payment and alterations. A breach can result in disputes and potentially serious remedies.
We review the relevant lease terms and alleged breach, explain the available options and work towards a commercially sensible resolution.
Commercial rent arrears arise when rent or other sums due under a lease remain unpaid.
We advise landlords on available recovery options and tenants on their legal position, including negotiation, formal recovery action and other remedies where appropriate.
Dilapidation claims commonly concern a tenant's repairing and reinstatement obligations during or at the end of a commercial lease.
We advise on the lease obligations, relevant evidence and financial claims involved and help clients negotiate or resolve disputes efficiently.
Rent review provisions allow commercial rent to be reconsidered at specified points during a lease according to agreed mechanisms.
We review the lease terms and advise on the legal issues surrounding the review, helping clients understand and protect their position during negotiations.
The Landlord and Tenant Act 1954 can provide qualifying business tenants with rights relating to renewal of their commercial tenancy.
We advise landlords and tenants on the applicable procedure, notices, negotiations and terms of a proposed renewal.
Commercial service charges can become disputed where sums remain unpaid or there is disagreement over what can properly be recovered under a lease.
We review the lease and relevant charges, advise on recoverability and assist with negotiation or recovery action where necessary.
Commercial tenancies may end through expiry, break rights, surrender, forfeiture or other legal mechanisms.
We advise on the correct route and documentation and help landlords and tenants manage termination while minimising unnecessary legal and commercial risk.
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