Commercial Lease Advice
If you are looking for specialist legal advice relating to commercial leases, the commercial property law experts at Clough & Willis are here to help you.
With Clough & Willis, you can rest assured that you will receive a high level of personal service, with solicitors made available to you on a one-to-one basis.
Unlike many of our competitors, our partners are involved throughout each case we work on, and we are also able to offer you a full service or fixed fee advice service.
To find out more about the commercial lease advice we can provide you and your business, get in touch with us today. Call 0800 083 0815 or complete the online enquiry form on the side of this page and we will get back to you.
What is a Commercial lease?
A commercial lease is a binding legal contract that sets out the terms and conditions of the tenancy agreement for a commercial property.
The contract helps to outline and define the obligations and rights of both the landlord and the tenant in the commercial lease agreement, and is often complex, covering a range of topics, such as:
- The type of property being let;
- The lease term of the tenancy and whether the tenancy is for a fixed term or renews periodically;
- The address of the property;
- The amount of rent payable;
- When the rent should be paid;
- The type of business that is allowed to be conducted on the premises;
- Ownership of any leasehold improvements;
- Security and damage deposits;
- Details of whether the tenant can assign or sublet the property;
- Arrangements for the renewal of the lease;
- Notice periods for terminating of the tenancy.
Because of their complexity, commercial leases are usually drawn up by legal experts advising the landlord - with a first draft forming the basis of a discussion and negotiation between the landlord and the tenant.
Commercial lease services for landlords
We act for business owners with commercial premises or landlords with a portfolio of commercial properties that require solicitors for management issues.
It is vital to the investment that the terms of the lease are as tight as possible so as to protect the investment and revenue stream of the premises.
We can tailor the leases to suit the required usage, whether that is for industrial, leisure, retail, office and mixed use.
Our team of specialist solicitors can also advise on the preparation of new leases, deal with renewal of existing leases and review the suitability of existing leases in the light of any title, environmental or planning issues and any changes in the law.
Commercial lease services for tenants
If you are a tenant, we can advise on the terms and implications of a lease presented to you, and can help regarding any of the following points:
- Your business plan
- The nature of your business
- Potential expansion
- Proposed use of the premises
- Any alterations required
We will ensure that you are aware of the various terms in the commercial lease, and advise on the suitability of entering into the lease. In certain situations we can offer a cost effective fixed fee package - for more information, visit this page.
Our aim in preparing or negotiating a tenancy is to tailor the lease agreement or action required to suit your business. That means we have your best interests and business requirements at the forefront of our minds at all times.
Need help right away?
Contact Clough & Willis
We can offer easy-to-understand advice on all areas of conveyancing and property law and will work our hardest to get you the best possible outcome - whether that is ensuring a smooth sale or negotiating a contract in your favour.