Negotiating a commercial lease can be both beneficial to the growth of your business yet challenging with many pitfalls. These are complex legal documents with serious legal and financial implications so it’s important to get it absolutely right. You need to fully understand every aspect of your lease as ultimately this can affect the security and success of your business.
Taking on a lease for your business
Your new lease should be individual to your business and to avoid any potential complications in the future you should understand every element before you sign.
Your legal representative will guide you through every step of the lease. Through experience we can guarantee that your position is protected and will negotiate the best terms for your individual circumstances. We understand the needs of your business and can help you deal with these matters quickly and efficiently so you can concentrate on the actual running of your business.
Commercial leases are usually set for a fixed term and when they come to an end they can either be renewed or the tenant vacates the property. You will need to be aware of the date when your lease comes to an end to allow yourself plenty of time to decide on whether you would like to apply to renew the lease. We can advise you on the lease extension procedure, handling all of the necessary paperwork and negotiating the best possible deal.
What should you do next?
You may be interested in the other services we offer such as Estates and Developments, or Commercial Finance. Additionally, any change in circumstances may mean you need to review your Will. Please click here for more information on our Wills service.