Ending a lease - commercial tenants

Ending a lease - commercial tenants
 

There are times when you may want to review your liabilities resulting from the lease of your business premises. After all you want the best deal. So restructuring those liabilities or finding the best exit strategy may bring real benefits. Knowing the available options can be confusing, let alone how best to use them.  Good, early advice on your specific lease terms can often make a big difference in challenging business conditions.

When times are hard, you may wish to temporarily pass on the tenant’s liability on a premises by sub-letting it for a year or so. Or you may be looking for extra income stream by underletting part, such as all or part of a floor of the premises.  Perhaps you may wish to get rid of your liability altogether by serving a valid break notice or negotiating terms for a deed of surrender. We’ll consider all the options so you can make an informed choice.

Each commercial premises lease is different and requires a solution that fits your business needs.  Our commercial property team offer straightforward, pragmatic advice on how to interpret leases to ensure it supports your business, now and in the long-term.