If you are leasing or wanting to lease a commercial property, we can help you with legal advice, drafting and reviewing your commercial lease. Do you have a lease that is about to expire or needs to be reviewed or extended? You might be in the process of agreeing with the terms of a lease for your new business establishment.
We can let you know, for instance, if the lease benefits your business or if it needs to be amended in order to serve its purpose. We will review your existing lease and will make adequate amendments, or even prepare a new lease with clauses that fit your business requirements and purpose.
With the constant rise in rents and lease premiums, the competition is high and business can suffer. A commercial rent review requires negotiation and a legal expert that will represent your interests as well as your rights as a tenant. You need to minimize liability as a tenant, so an expert will help you check your lease terms and explore your options. There are many possibilities that you can opt for, it’s just a case of discussing the with a commercial property specialist.
You know that, for instance, there’s a rent review clause in your lease terms. Your rent is typically up for a review every 3 to 5 years, although some landlords are happy to allow you to lease for a long period of time, without raising the rent. But if your landlord decides it’s time to increase the rent, our commercial solicitors can help you plan and negotiate with the landlord.
Our commercial property and business advisory solicitors have years of experience in commercial property leasing and business legislation. Please call our office and make an appointment for an informal discussion. SG
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