Leases of Buildings, Shops and Factories
Both landlords and tenants have distinct rights and responsibilities when it comes to commercial property.
As a landlord, you will need to ensure that leases are put in place which maximise the value of your interest and rental yields and minimise the risk of disputes and irrecoverable costs. As a commercial tenant, you will need to understand your rights, liabilities and obligations within your tenancy agreement and to minimise risk as much as possible.
Our Commercial Team provides general advice in relation to ongoing landlord and tenant relationships and disputes, including:
- lease obligations and liabilities
- drafting and negotiating leases
- agreements for lease
- surrenders
- variations
- rent deposit deeds
- licence/ landlord’s consent documentation
- regulatory enforcement issues
Once leases have been put in place, we can assist landlords and tenants in relation to ongoing management issues such as applications for consent to assign, grant subleases and carry out alterations to premises.