Our Commercial Law Team is available,
with their specialist knowledge, to assist you in all
facets of Commercial Law.
Commercial LeasesCommonly used lease forms are a helpful guide to what
is acceptable but there are many variables, which may
or may not suit both parties. A Commercial Lease can
be for a long term and once signed it can be very difficult
to change its terms and conditions.
Our Team is experienced in acting for Landlords
and Tenants of commercial premises and are able to advise
clients regarding current trends of lease in terms and
conditions. While the common use of "Plain English"
documents makes modern leases easy to read, only experience
in dealing with lease problems on a regular basis can
ensure that a tenant or landlord is obtaining best value
in the contract.
It is common these days for prospective
tenants to sign an Agreement to enter into a Lease. Most forms
of Agreement to Lease detail all the terms which are to be
included in the Deed of Lease and once that Agreement has
been signed it may be too late to change the terms. We, accordingly,
recommend that before signing such Agreement you seek professional
advice from us so as to ensure that the terms and conditions
which suit your circumstances are included.
Care should also be taken before electing
not to enter into a formal Lease, whether you are a landlord
or a tenant. Much of the litigation concerning commercial
tenancies arises through lack of a lease or through having
a poorly drafted document.
Landlords should also be made aware of responsibilities
under Consumer Protection Legislation and Obligations regarding
the fitness or suitability of premises for the tenant.
Specialty leases such as those relating
to shops in malls can be complex and may contain traps for
the unwary with many additional levys or charges payable in
addition to the rent. Other aspects such as guarantees by
directors, rent reviews, taxation, carpark licences and the
ability to assign or sublet the lease require careful consideration.
Our Commercial Law Team at Inder Lynch
keep up to date with the current trends, legislation and case
law regarding lease and are available at short notice to advise
both prospective landlords and tenants regarding a proposed