Business Law - Commercial Property
Advice for landlords and tenants
The mosshaselhurst Commercial Property team can help both landlords and tenants in all aspects of commercial property leases.
Length of Term
Flexibility is key when considering the length of term of a commercial property lease. As a Landlord you may want as long a lease period as possible unless circumstances might change that would make it beneficial for you to take back the property after a shorter term.
As a tenant, your business may benefit from a long term arrangement if certainty is important. A shorter term might well serve you well, however, if the business is new and you want to limit your commitment. mosshaselhurst will be able to help you in establishing what best suits you so that you can be prepared for negotiating the best lease possible.
Rent, rent reviews and break clauses
mosshaselhurst can help establish a fair rent for your premises and can help in establishing the need and timing for break clauses.
Assignment or Sub-letting
If you are agreeing the terms for a commercial lease, mosshaselhurst can help by advising on the arrangements that allow others to sub let your property.
Formal Notices
mosshaselhurst can advise you as Commercial Landlord or Tenant on the need for and the effect of the formal Notices required in connection with Leases. These Notices cover two important aspects, the termination and renewal of the Lease. They also cover the operation of Break Clauses, the operation of Rent Review provisions in Leases, and Repair and Dilapidation Notices.
Forfeiture of Lease
When things don’t work out, mosshaselhurst can assist with the repossession of a commercial property.
mosshaselhurst will advise you on the correct protocols and ensure that the lease is forfeited through appropriate and peaceful entry of the premises, the changing of the locks and the correct display of the notices of forfeiture on the property.
