Whether you are a tenant of a commercial property or the owner of business premises which are let, there will be frequent occasions when the services of George Ide’s commercial property solicitors will be essential when business tenancy leases and renewals are being negotiated, drafted or signed.
Conditions of leases for buildings used for business purposes are more complicated than those for residential use and require careful consideration. Whatever the type of business using the rented premises – shops, office, restaurant, pub, hotel, garages, factory and warehouse – each will have different conditions of use and variations of standard leases.
Most leases will be protected by the provisions of the Landlord and Tenant Act 1954, which sets out certain procedures and time limits when a lease is coming up for renewal.
Both landlords and lessees should consider their positions in ample time before a lease is due to end, usually 18 months to a year in advance so that negotiations by their respective solicitors can take place to ensure a satisfactory outcome for both sides.
Property owners who are setting up leases with new tenants or making significant changes to existing buildings which necessitate agreeing a new lease can also benefit from commercial property solicitors’ advice at an early stage.
Practical representation at negotiations, and agreement drafting services are also available to investors or those contemplating buying commercial property.
George Ide’s business services solicitors have many years of experience in advising property owners and business proprietors on benefits and disadvantages of conditions of tenancy agreements, covering issues such as dilapidations, insurance, rent reviews, length of lease and arrangements for ending the contract.
All our clients are treated as individuals and legal advice is given with complete integrity, while the commercial imperative is always kept in focus.
Over the years, many businesses have built up lasting relationships with the commercial solicitors at George Ide, relying on them time and again for all matters relating to business tenancy leases and renewals.
Being part of a full service legal practice, should other issues arise as result of a tenancy dispute, we can call on other members of our legal team and associated professionals for advice and practical support.
To find out about our specialised commercial property services for business tenancy leases and renewals, call our North Street, Chichester offices otherwise click on a featured staff profile to find out more about the team.