Whether you’re a tenant or a landlord, it’s imperative to get professional advice for a new commercial lease. Our commercial property solicitors Derby will take the time to understand your position and the transaction from the outset
For commercial tenants, having a fair and clear lease in place is important to business planning, especially if this is your first experience of leasing commercial premises. At One Law we specialise in negotiating lease terms on your behalf and ensuring you are fully informed of your obligations as Tenant.
If problems arise during the term of your lease, having on hand expert legal advice from our specialist property solicitors Derby means you will not be drawn away from running your business – we will help minimise any business disruption arising from a dispute on the lease terms.
By having an experienced solicitor on hand, you can rest assured that your commercial lease will be legally sound. Our Solicitors can ensure that you will be protected from any issues surrounding the obligations and conditions of the commercial lease.
Lease obligations and conditions include:
Break conditions
It can be useful to include a break clause in the lease to allow some flexibility to end the lease before it reaches full term, provided that you give sufficient notice. An experienced commercial lease solicitor will be able to advise you on whether this is possible.
Repair obligations
These outline your obligations as a commercial tenant to keep the property in repair. Your solicitor can review the lease and make sure that you will not be expected to keep the commercial premises in any better state of condition than they were when you first moved in.
Tenure
A tenant who has occupied a commercial premises has a right to a new lease at the end of the contractual term. However, it is not always as clear cut as this, and a solicitor can advise you on your rights and what to look out for in your lease.
Our team of commercial property solicitors have a wealth of experience working with landlords to make the process of leasing their properties as fast and simple as possible. We work with client portfolios including retail shops (from small high street premises to Derbion Shopping Centre) restaurants, takeaways, hotels, clubs, pubs, office blocks, doctor’s surgeries, warehouses and more.
Negotiating Heads of Terms
Preparation of leases and sub-leases
Advising on tenant requests for assignment of lease
Advising in relation to non-payment of rent or other breaches of covenant
Repossession of your premises
Dilapidation
Landlord’s consents/ licences
Rent reviews
Although you do not need to use a solicitor when entering into a commercial lease agreement, the law surrounding it is complex, and therefore it is highly recommended that you seek advice from a specialist commercial property lawyer.
Once you have found your new premises and you are ready to sign the lease, a solicitors can advise you on negotiating the terms within the commercial lease. This involves negotiating the ‘heads of terms’, which outlines the terms between the landlord and tenant such as the break conditions, repair obligations and tenure.
Our expert commercial Solicitors are based in Derby City Centre and can also arrange appointments at your premises if you so prefer. We work with businesses at all levels, from local start-ups to established companies operating nationwide, and have the experience and knowledge to keep your business running smoothly.
Request a Free consultation and get help now by calling our friendly team on 0330 043 5295.
Burton-on -Trent
DE14 1JE
One Law is the trading name of One Law Consultancy Ltd which is a limited company registered in England and Wales – Company Number 13980384) and is authorised and regulated by the Solicitors Regulation Authority – SRA No. 8001044.