Commercial Property Lease Solicitors
Specialist Solicitors & Legal Advisors For Commercial Leases
Commercial property lease negotiations and transactions are often complex areas.
The lease documents can contain terms, conditions and restrictions, which could be costly for your business if you fail to understand the terms by which you are agreeing to be bound.
At Bennett Griffin, we aim to help simplify any potential legal and contentious issues, working with both landlords and tenants to ensure a harmonious working relationship between both parties.
Contact our commercial property law team today.
Grant Of A Commercial Lease
A lease is a legally binding contract between a landlord and a tenant.
The landlord will grant the tenant exclusive possession of the property for a specific period in return for the landlord paying commercial rent.
The Lease will contain the responsibilities of both the Landlord and the Tenant, which both parties must adhere to for the duration of the lease.
At the start of the transaction, both the landlord and the tenant will normally agree to the lease’s main terms, which are usually set out in the ‘Heads of Terms’.
Heads of Terms are not usually binding but are the framework on which the lease is based.
Further reading: Can I End My Commercial Tenancy Early?
Our Commercial Property Lease Services
In addition to working on commercial lease grants, our solicitors will also be able to help you with the following:
- Lease Assignments – This is the process of transferring a pre-existing lease to a new tenant.
- Licences to underlet or assignment – when acting for a Landlord, should a tenant wish to dispose of the Property (either by underletting it or assigning the lease to a third party) the lease will normally stipulate that the Landlord’s consent is required.
- The licence is the legal document which formalises the Landlord’s consent.
- Licences to Alter – Similarly, the lease will normally state what works a Tenant can carry out to a Property, and similarly when works are allowed when the Landlord’s consent must be obtained. A licence to alter is the Landlord’s consent to any works.
- Lease Surrenders – When a Landlord and Tenant agree to end a lease early, this must be documented in deed of surrender.
- Rent reviews
- Property management
If you are looking for legal help with commercial property lease renewals, find out how our team can help here.
Why Choose Bennett Griffin?
Our commercial property solicitors have years of experience working on a number of various commercial lease matters acting for both landlords and tenants.
We regard commercial leases as our speciality and will always guarantee both high levels of knowledge and service.
Contact Our Commercial Property Lease Solicitors
If you would like to find out more information from our commercial property lease solicitors, contact our team today.
They can discuss our full range of services, including lease grants.
You can call us on 01903 229999 or get in touch online.
Our Worthing offices are based in Liverpool Gardens opposite a public car park which can be accessed via the one-way system.
Your Bennett Griffin Team