At Saracens Solicitors, we are here to walk you through the process of taking out a commercial lease when we are acting as your commercial lease solicitor in London. Maybe you are just setting up your first business or perhaps you are a seasoned commercial property owner. Either way, we can take the hassle out of the process and ensure that your agreements are legally sound.
As an experienced, high-end commercial lease solicitor in London, we are used to dealing with large scale deals and complex clauses.
Our first step is to understand your needs. The earlier we get involved in the process, the better as we can often spot ways to make a better deal for you. Whatever stage you are at though, Saracens Solicitors is happy to step in and represent you as your commercial lease solicitor in London.
A member of our team will talk to you on the phone initially and then arrange a meeting once you decide to go ahead and work with us.
Heads of terms
The heads of terms are used to make the final lease. They are a way to come to an informal understandings between parties. They are not legally binding but they are a useful legal tool to define the scope of the eventual agreement.
Setting out heads of terms can prevent costly misunderstandings coming to light at a later date.
The lease is the formal legal agreement. There are some standards inclusions but most aspects can be customised to suit the parties involved. Whatever your needs or ideas, let us know at Saracens Solicitors and we will see if we can make it happen.
The most common inclusions in a commercial lease are: agreements around rent, details of the term of the lease, laying out who is responsible for what when it comes to repairs and costs and the personal details of the parties involved.
Lease termination prior to the date agreed upon in the lease is usually either in the event of a breach of contract or if all parties are in agreement. This can be a delicate negotiation and so it is something else that we are happy to help with at Saracens Solicitors.
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