Business Leases

Welcome to our page on business leases. We are specialists at handling business leases.

If you are considering taking on a commercial lease or any other business related legal  matter then please call us today to have a free no obligation chat on 01536 276300 or contact us online.

We cover leases, business start ups, partnerships, franchising, employee contracts and many other aspects of business and commercial law.

Business leases are very different to standard residential leases. The area is a lot more complex. As an example, in some situations before entering a commercial lease you have to seek legal advice to ensure you are aware of your legal position.

Leases

A lease is a contractually binding contract between a tenant and landlord. It sets out the rights and responsibilities for each party. It is advised that you seek legal advice prior to entering a business lease.

Contents

A lease is made up of clauses. One clause that is usually included in a business lease over a residential lease is rent review. This usually sets a time period, say 5 years, in which the landlord can decide whether to increase the rent due to a market increase. If the review cannot be agreed, usually an Independent Reviewer will make the final decision.

Another clause commonly found in business leases is the use of the property. Business leases are very strict in what the premises can be used for. A standard table is used detailing all the different types of businesses such as hotels, retail or offices. The lease will set out which categories can be used and whether the use can be changed with the landlords permission.

Transferring the lease is usually addressed within the contents. It will detail whether the tenant has the right to transfer the lease to a new owner. For example, the original tenant could enter financial difficulties and no longer able to keep up with the payments. If the lease does not allow the tenant to assign, then there could be huge financial consequences as they will be liable for the rent.

Latest Articles About Commercial Law

Packaging Firm Fined £4 Million For Workplace Injury

Health and Safety is regarded as paramount and any breach will be punished as judges made clear in the following case where a worker lost his toes by industrial machinery. The packaging firm was fined a significant amount of money.

Restrictive Covenants Stymie Care Home Plans

Restrictions on the use of land are to be found in title deeds dating back many years – but their antiquity does not necessarily mean they are any less effective.

Victoria’s Secret Wrests Confusing Web Address from Beauty Therapist

International brands require huge investment to establish and traders, big and small, cannot expect to get away with taking unauthorised advantage of their goodwill.

Bakery Boss Punished for Making Illegitimate Use of Rival’s Equipment

The law positively encourages business competition, but there are limits and judges are active in policing the line of acceptability.
Generic filters
Exact matches only
Search in title
Search in content
Search in excerpt
Search in comments
Filter by Custom Post Type
Why Use Seatons?
  • Practical sensible help and information
  • Fixed, competitive and affordable prices
  • We care about you and fight for you
  • Regulated by the Solicitors Regulation Authority
  • We can help resolve your issue quickly & easily