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Ashton Bell Commercial Solicitors will be pleased to assist both business landlord and business tenants in all facets of this complex area of the law.

Ingoing tenants

The intention of a commercial lease is to impose all and every possible liability or expense on the tenant so the landlord gets his rent net. The terms of all business leases can be fairly onerous, and some are extremely onerous. The liability contracted for can be very substantial and landlords sometimes demand that the directors of a new venture provide personal guarantees, which can involve the directors of a business in substantial personal liability. Business leases tend to be at least 30 to 40 pages long and are frequently written in Victorian style legalese. We would be pleased to take you through the terms of a lease and explain potential liabilities and your rights and obligations under the lease.

It is also important that you appreciate what your liabilities may be following termination of the lease (these can be substantial) and also you be aware of any statutory rights of renewal.

Commercial landlords

We would be very pleased to assist you in drafting new business leases or assignment of your existing leases to new tenants so as to give you the maximum possible protection.

For further advice ring Ashton Bell Commercial on 0113 2438688 to speak to one of our commercial law solicitors or click here to send us an e-mail enquiry.

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