Commercial Property
Commercial Leases & Landlord and Tenant
We act for both landlords and tenants on all aspects of commercial leasing. Our focus is on protecting your position while keeping negotiations practical and commercially realistic.
For Landlords
Acting for Commercial Landlords
We advise commercial landlords on the full range of landlord and tenant matters, from granting new leases to enforcing landlord remedies. Our advice is commercially focused and designed to protect your investment.
Grant of New Leases
Drafting and negotiating new commercial leases to protect your position as landlord, including rent review provisions, break clauses and repairing obligations.
Lease Renewals
Advising on lease renewals under the Landlord and Tenant Act 1954, including opposed and unopposed renewals.
Assignments & Underlettings
Dealing with tenant applications to assign or underlet, including licence to assign and consent documentation.
Forfeiture & Enforcement
Advising on forfeiture of leases and enforcement of landlord remedies where tenants are in breach.
For Tenants
Acting for Commercial Tenants
We advise commercial tenants on lease negotiations, renewals and exit strategies. We ensure you understand your obligations and protect your right to occupy and trade from your premises.
Lease Negotiation
Reviewing and negotiating lease terms to protect your position as tenant — including rent, break clauses, repairing obligations and alienation provisions.
Lease Renewals
Advising tenants on rights to renew under the Landlord and Tenant Act 1954 and negotiating renewal terms.
Assignments & Underlettings
Acting on the assignment of existing leases and the grant of underlettings, including negotiating licence terms.
Surrenders & Variations
Negotiating and documenting lease surrenders and variations to existing lease terms.
Key Terms Explained
Understanding Your Commercial Lease
Rent Review
Provisions allowing the landlord to review rent at agreed intervals — typically upward-only to open market value.
Break Clause
A right for either party to terminate the lease early, subject to conditions. Conditions must be strictly complied with.
Repairing Obligations
The extent of the tenant's obligation to repair and maintain the property — a key negotiating point.
Alienation
The tenant's right to assign or underlet the lease — typically subject to landlord consent.
Security of Tenure
Rights under the Landlord and Tenant Act 1954 to renew a business lease at the end of the term.
Agreement for Lease
A contract to grant a lease in the future, typically used where the property is not yet ready for occupation.
Fees & Costs
Commercial Lease — Fee Information
Fees depend on the nature and complexity of the lease transaction. We provide a clear written estimate before any work begins.
| Transaction | Indicative Fee |
|---|---|
| Grant of new commercial lease | From £1,200 + VAT |
| Lease renewal | From £950 + VAT |
| Assignment of lease | From £850 + VAT |
| Underletting | From £850 + VAT |
| Lease variation | From £650 + VAT |
| Surrender of lease | From £750 + VAT |
| Agreement for lease | From £1,000 + VAT |
Get Started
Request a Fee Estimate
Tell us about your commercial lease matter and we will provide a clear, no-obligation estimate.
Prefer to speak with us? Call 01244 757352
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