Manchester & London Solicitors

Property

Commercial Leases

Commercial lease solicitors in Manchester & London

Commercial leases are huge commitments for both landlords and tenants. Whilst there is a voluntary code aimed at fairness between landlords and tenants in commercial leases there is a need for tenants and landlords to be wary of entering or agreeing to a commercial lease due to the complex nature of a commercial lease. Our specialist commercial lease solicitors in Manchester and London offer ongoing support in a wide range of areas regarding commercial leases.

At Monarch Solicitors, we offer specialist legal advice for both tenants and landlords to help ensure that your commercial lease is tailored to protect your personal interests.

For more information regarding on what to look out for in a commercial lease please see our FREE Guide – Top 10 Tips on Commercial Leases, it is important to ensure your needs are met.

Acting For Tenant 

As your business grows, or if you just wish to change location, you will have to start considering having a physical premises for your business. This is a big step for any business, so it is vital your commercial lease is successfully negotiated.

Once you have found a property and the basic terms of letting have been negotiated, it is important to take legal advice as to the terms and obligation it contains. Failure to do so could result in severe restrictions in the future.

A commercial lease is more than just about paying rent. Generally, a commercial lease includes many strenuous provisions which are favoured towards the landlord, which puts constraints and onus onto tenants. Therefore, tenants need to be aware of such provisions and should not lightly enter a commercial lease without understanding the terms and obligations set out in a commercial lease.

Whether you are a new business or an established business, at Monarch Solicitors we pride ourselves in providing attentive and a comprehensive service to advise and guide you along each step of the process to ensure commercial leases are transparent and understood by our clients so that they enter into a lease with assurance and certainty and get on with running the business.

Our specialist solicitors can offer advice on a wide range of leasing matters, including:

  • Rent Reviews
  • Break Clauses
  • Planning & Permitted Use
  • Covenants and Effect of Breach of Covenant
  • Statutory Lease Renewals
  • Licences for Alterations & Assignment
  • Security (Rent Deposits & Guarantors)
Acting For The Landlord
 

If you are a landlord looking to lease a commercial property, then our commercial lease solicitors can help draw up a commercial property lease which ensures your rights are protected and that the commercial lease is in your personal interests.

For a landlord wishing to lease a commercial property, there are responsibilities on the shoulders of landlords which are required for a landlord to lease a commercial property such as:

  • Commercial property insurance
  • Fire safety
  • Gas safety
  • Electrical safety
  • Asbestos
  • Fixtures and fittings
  • Minimum energy efficiency standards

These requirements of a landlord can hamper and cause significant delays for landlords to lease a commercial property. At Monarch Solicitors, we assist and advise landlords on each step in drawing up a commercial property lease to ensure a speedy and effortless process with our clients personal and business interests in mind.

Once a commercial lease is drawn up and both the landlord and tenant agree to the terms of the commercial lease, we can offer continuing advice on other matters regarding managing commercial leases including:

  • Rent & Non-Payment of Rent
  • Service Charges
  • Rent Reviews
  • Break Clauses
  • Planning & Permitted Use
  • Repairs, Schedule of Condition & Dilapidation’s
  • Covenants and Effect of Breach of Covenant
  • Statutory Lease Renewals
  • Surrender
  • Forfeiture
  • Licences for Alterations & Assignment
  • Business Rates & Taxation
  • Security (Rent Deposits & Guarantors)

Whatever your commercial lease needs, we offer a transparent and fixed fee pricing structure.

Contact Our Commercial Lease Solicitors:

Our commercial lease solicitors are ready to help you with any aspect of commercial leases that you require. Please contact our Commercial Lease Team by sending an email to us at [email protected] and one of our team shall call you back. Alternatively, please call our commercial lease solicitors on 0330 127 8888 for a no obligation discussion. 

Monarch Solicitors are a leading law firm in the UK with offices in Manchester and London.

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FAQ

Most frequent questions and answers

If you purchase the leasehold of a business, you purchase the right to own the business and the fixtures and fittings for an agreed length of time at an agreed rent to occupy the premises.

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