Why should I hire a solicitor for a commercial lease?
A solicitor ensures your lease terms are fair, protects your legal rights, and helps prevent costly disputes in the future.
Do commercial leases include VAT?
VAT applies to some commercial leases, especially for properties less than three years old. We provide tax advice to ensure you understand your obligations.
What are dilapidations, and how can I avoid disputes?
Dilapidations refer to the condition of the property at lease end. To avoid disputes, tenants should understand repair obligations and document property conditions before moving in.
Can I sublet my commercial property?
Subletting depends on the lease terms. Some agreements allow it with landlord consent, while others prohibit it entirely.
What happens if I want to exit my lease early?
Early termination options include break clauses, lease assignments, or negotiating an early surrender with the landlord. Our solicitors can guide you through the best approach.
Who is responsible for repairs in a commercial lease?
Repair responsibilities depend on the lease terms. Some leases require tenants to cover all repairs, while others leave structural maintenance to the landlord.
What is a break clause in a commercial lease?
A break clause allows either the landlord or tenant to terminate the lease early under specified conditions, offering flexibility in long-term agreements.
Can I negotiate the terms of a commercial lease?
Yes, lease terms are negotiable. Our solicitors can help ensure favourable terms for rent, service charges, break clauses, and other key conditions.
How long do commercial leases typically last?
Commercial leases can range from short-term (1-5 years) to long-term (10+ years). Break clauses may allow early termination under certain conditions.
What should I consider before signing a commercial lease?
Key factors include the lease length, rent terms, service charges, break clauses, repair obligations, and whether the property has the necessary planning permissions for your business.