Landlord and Tenant Act Renewals
Helping landlords and tenants agree upon new lease terms.
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Commercial leases can be complex and onerous documents, containing liabilities for both landlord and tenant. Therefore, it is essential to have the right agreement in place and to understand the implications of any lease terms so there are no unpleasant surprises later on. This means careful negotiation of the terms.
At Heald Solicitors in Milton Keynes, we have in-depth experience in negotiating commercial leases for both landlords and tenants across a range of businesses. We are commercially focused, and we will take the time to understand what is important to you.
Our commercial property team are exceptional negotiators and will work hard on your behalf to agree the right lease for you and your enterprise.
We can deal with any necessary licences, rent deposit deeds or other security documentation necessary to put a new lease in place.
We will discuss all of the key points with you in detail so that we have a clear idea of the essential elements that your business needs.
As well as the term (length) of the lease and the amount of rent payable, we will also work through conditions such as responsibility for repairs, whether a break clause is required, security of tenure, whether subletting or assigning will be allowed, permitted use, service charges, insurance obligations and rent review.
We can deal with any necessary licences, rent deposit deeds or other security documentation necessary to put a new lease in place.
As well as negotiating the terms of the lease, we can also draft the commercial lease for you if you are the landlord or suggest amendments if you are the tenant. We work with clients in all sectors and we understand the crucial points that each type of business needs. We can advise you on the type of lease that would be best suited to your requirements and the specific clauses that you will need.
Our specialist commercial property team are experienced in negotiating rent review clauses, service charge provisions, break clauses, insurance and the lease obligations for both landlord and tenants especially in the context of repair, maintenance and regulatory obligations.
Whether you are a landlord or tenant we can assist in relation to lease renewals where a tenant is entitled to renew as a matter of law or where the parties have reached an agreement between themselves for a new lease.
At Heald Solicitors our commercial property team are experienced in advising on and negotiating leases across a range of property including retail, offices and industrial. Our commercial lease services include the following:
At Heald Solicitors our commercial property team are experienced in advising on and negotiating leases across a range of property including retail, offices and industrial. While our office is in Milton Keynes, we regularly work with clients throughout England and Wales, often remotely, meaning that you can expect the same expert legal advice and excellent client care wherever you are located.
If you wish to talk to a commercial property solicitor, please get in touch with our legal expert Shabnum Hussain .
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