Solicitors in Manchester and London Acting For Landlords on Commercial leases
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 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.
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
- 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
- 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:
We would like to discuss your commercial lease requirements directly to find out how we can help.
Please contact our Commercial Lease Team by sending an email to us at [email protected] and one of our conveyancing solicitors shall call you back.
Alternatively, please call our commercial lease solicitors in Manchester on 0330 127 8888 for a no obligation discussion.
Call us for a free initial consultation
A commercial lease is used by a tenant to rent space for a business while a residential lease is used by a tenant to rent a home or space to personally reside in. Commercial leases are typically viewed as contracts between knowledgeable businesspeople. Consequently, less governmental protection is available for tenants of commercial property than tenants of residential property. Because the parties are knowledgeable businesspeople, the underlying belief is that they should be able to negotiate the terms of the lease to their liking.
Oral lease agreements can be difficult to enforce. If a dispute arose, a court would have to hear evidence and decide whose version of the story to accept. If there is a written agreement, courts will generally be obligated to uphold the terms of the written agreement even if the courts don’t like them.
A commercial lease typically deals with the following:
- the type of property being let;
- the address of the property being let;
- the term of the tenancy and whether the tenancy is for a fixed term or renews periodically;
- the amount of rent payable, how often and when the rent should be paid;
- the type of business that may be conducted on the premises;
- ownership of any leasehold improvements; and
- the provisions of any security/damage deposit.
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