Finding the perfect site for your new business in the city is such an exciting experience. It’s the perfect location and the right size to fill with all your new stock or office furniture. You’ll no doubt be investing in developing the space to fully reflect your business needs and the branding of your stock or services. It’s therefore a good idea to secure your investment by making sure the terms of tenancy are clear before you take up your new business residence. By engaging the services of an experienced commercial lease solicitors in London, you can help avoid difficulty and possible loss further down the line.
Not all leases are equal
Most commercial leases are ‘full repairing and insuring’ leases or FRI leases. This type of lease means it’s your responsibility to maintain and insure the property you are leasing. Since this can be costly, you need to ensure the lease is transparent and details any clauses around costs of repair, notice to quit and any circumstance that could arise in the process of running your business. Saracens Solicitors has many years of experience in this area. When you engage us as your commercial lease solicitors in London, we will use all of our experience to secure the best terms for you. We can advise you during discussions with your landlord or take over negotiations, ensuring your lease is fair and reasonable before you enter into a long-term relationship with your landlord.
When you are moving on
Cut to a few years later and your business has outgrown its current home. It’s been a great place to rent, but the next step calls as a new building is found to rehome your growing investment. At this point, you may need to contact us again for an end of tenancy discussion, especially if the landlord is being unreasonable about any aspect of the end of tenancy. We can advise you and support you as your commercial lease solicitors in London, helping you terminate your lease as with as little difficulty as possible.
We can take the headache out of the finer details of commercial lease law and ensure all your energy is focused on growing a successful business.