Business Leases
A tenancy or lease exists where someone lets premises to another for a term in return for a rent. The term of the letting is usually a number of years.
The expression "business lease" is commonly used to refer to a tenancy of premises used for the purposes of running some kind of business. The premises may be a building, part of a building or even open land, used for example as a temporary car park. The term "business", as used in this context, does not however include agriculture or farming, where a different set of rules and customs applies.
We can assist with items such as:
- Forfeiture
- Full Repair and Insuring (FRI)
- Guarantors
- Insurance
- Landlord's covenants
- Landlord's continuing liability
- Licence to assign
- Rent reviews
- Repairing liability
- Right to renew
- Tenant's continuing liability
To discuss any of these matters, please call our office or fill out our Enquiries Form to speak to an expert.
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Berry Redmond Gordon & Penney charge at an hourly rate, which is influenced by the following:
- The particular expertise and experience of the person dealing with the case
- The complexity of the transaction
- Whether the matter requires unusually urgent and swift action
- The time spent on the matter
We always give an estimate of the likely costs at the beginning of the matter, with regular updates as the matter progresses, so that you can always be certain of the costs involved in your particular case at any given time.
To find out more, call us now or fill out our Enquiries Form.
Legal fees are subject to VAT.
