Understanding commercial lease arrangements
Commercial leases are often complex and heavily negotiated documents. Whether you are entering into a new lease, assigning an existing one, renewing terms or bringing a lease to an end, it is important to understand your rights and obligations.
Lease matters may involve:
- Negotiating rent and review provisions
- Repairing obligations and service charges
- Break clauses
- Assignment or subletting conditions
- Security of tenure under the Landlord and Tenant Act 1954
- Formal surrender arrangements
Each stage presents different legal and commercial considerations. Early advice can help protect your position and avoid costly disputes.
Our role is to ensure lease documentation reflects your objectives and that any variations or terminations are handled correctly.
How we can help
Drafting and negotiating commercial leases
We prepare and negotiate lease terms for both landlords and tenants.
Lease assignments
We advise on assigning an existing lease, including landlord consent and authorised guarantee agreements.
Lease renewals
We guide you through statutory and negotiated renewals, including 1954 Act considerations.
Lease surrenders
We prepare and negotiate surrender agreements to formally bring leases to an end.
Advising on break clauses
We review and advise on compliance with break notice requirements.
Managing lease-related disputes
We support landlords and tenants in resolving lease disagreements and enforcement issues.
