Whether you are a landlord looking to grant a new lease or a tenant who would like to be granted a new lease, you need to be sure the terms of your lease meet your exact requirements and, more importantly, that those terms can be agreed by both sides.
There are many considerations. Aside from the rental conditions and the terms and conditions outlined by the lease, you may need to insist upon or provide rent deposit deeds or register your deposit at Companies House; you may need to apply for a licence to make alterations to your property; you may need to provide deeds of surrender or an authorised guarantee agreement for an existing lease.
Whatever advice you need, our experienced commercial property team will help you, not only giving you any advice you may need relating to a specific lease (whether you are the landlord or the tenant) but also in more practical terms, by drafting and negotiating the right lease for you.
Over and above the lease, our experience also allows us to provide more technical advice for landlords and tenants on aspects of a commercial lease that are too often forgotten or simply overlooked.
We can help you with reporting on replies to Commercial Property Standard Enquires (CPSE) and preparing draft replies for Landlord’s approval. We can also help you with the renewal of commercial leases (including the preparation of section 25 and section 26 notices); with satisfying the Land Registry’s requirements and with any query you may have regarding Stamp Duty Land Tax (SDLT) requirements and SDLT returns.
To discuss any aspect of an existing or prospective lease, please email Mark Reynolds or give Mark a call on 01865 594267.