Getting it right before you commit to a binding commercial lease contract is very important as it would minimise immensely an unfair and regrettable liability which may last from five years or more.
We have expert solicitors that deal on landlord and tenant law in relation to commercial leases. We can advice you on any dispute and take action to protect your interest if instructed.
There is a stipulated code for leasing business premises created by the Royal Institute of Chartered Surveyors and endorsed by the government and leading organisations. The aim was to promote transparency and flexibility. Our solicitors will ensure that your lease conforms with the RICS standard.
• Negotiation and Granting of Lease
• Assignments
• Sub-letting
• Under-letting
• Alteration
• Rent deposit Deeds
• Renewal of Lease
• Rent Review
• Service Charges
• Variation of lease
Please do not hesitate to contact us for a quality service at affordable fees. We strongly believe that our clients satisfaction is more beneficial than financial gains.
01375251612
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01375251612
Our Commercial Lease Solicitors are experts with years of experience. Contact us for a chat.
CONTACT USPlease contact us so that we can be of help to your matter.
| YOUR INTEREST | DESCRIPTION | OUR SERVICE | FEE |
|---|---|---|---|
| Negotiation & Granting of Lease | Normally this is done under HOT before the actual lease can be drafted | How we negotiate depends on if we are acting for the landlord or the tenant. But the point is that we must always negotiate to the best interest of our clients | TBA |
| Lease Renewal | At the expiration of a lease, if a tenent want to remain in the property, the lease must be renewed with either same or new conditions. That is where our expertise comes into play | We shall negotiate in the best interest of our client and make sure that the outcome is favourable and transparent. We shall also register the new lease at the Land Registry | £1000 |
| Assignment | Change of circumstances may give rise for a tenant to leave a lease before the end of his or her contract. The tenant can assign the lease to a new tenant subject to contractual provision | We shall draft all the necessary documents to enable the assignment of lease | TBA |
| Sub-letting | A tenant may not need the whole space in his rented property and may decide to rent the extra space out to another tenant subject to his contract | We shall draft the agreement and advice appropriately about the implications of this arrangement | £800 |
| Under-letting | Subject to a tenant's contractual provisions, he may rent out a space from his premises to another person | We shall advice you appropriately and draft the new agreement to underlet the premises. | TBA |
| Alteration | A lot of reasons may make a tenant to decide to alter his leased property. Subject to the provisions in the lease agreement, it may or may not be possible | We shall study your Lease Agreement and advice you appropriately. We shall also take the necessary steps to obtain the landlord's consent if your contract does not allow it. | TBA |
| Rent Deposit Deed | This is paid to the landlord in addition to a tenant's rent payment. It is held in the landlord's account as a guarantee for any shortfall and is usually returned to the tenant at the end of the tenancy | We can draft or negotiate a suitable rent deposit for either the landlord or the tenant. | TBA |
| Rent Review | Majority of commercial lease agreements always have a provision for rent review. For a long lease, it is usually every 5 years. The landlord would review the rent and bring it up to market rate | We can draft or negotiate a suitable rent review in line with ongoing market rate | TBA |
| Service Charge | Service charge is paid in addition to rent to cover some costs for the upkeep of the leased property. It includes the cost of services like insurance etc.. | We can advice on what can be covered by the service charge. | TBA |
| Variation of Lease | Subject to agreement with the landlord, the terms of a lease can be changed | We can draft and negotiate any agreed terms to be varied. | TBA |
Tyndel Solicitors Ltd is authorised and regulated by SRA No: 804468. Companies House Registration Number: 12684172.
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