Commercial Property/Leases
SOLICITORS FOR COMMERCIAL PROPERTY & LEASES IN NEWCASTLE
The need for good commercial property legal advice can arise in a variety of circumstances, such as investment, advising landlords and tenants, dealing with business lease issues, property litigation and the property law aspects of buying ors eeling a business.
In our experience, clients look for experienced, fast, cost effective, fixed fee advice in this area, and an understanding of the mixture between commercial negotiation skills and an understanding of the statutory framework which applies, including the Landlord & Tenant Act 1954. We can offer guidance on areas including
- Buying and selling of freehold commercial property
- Legal aspects of property management
- Transfers (assignments) of leases whether advising landlord, tenant or proposed assignee
- Advice on legal aspects of short term leases or licence to occupy
- Extensions or renewing leases including the necessary stautory procedures
- Termination issues in leases, whether by consent, surrender, forfeiture or insolvency
- Possession proceedings
- Rent reviews
- Dilapidation disputes
Different premises, different issues
With commercial leases, there are generally some differences between leases of different types of premises, so it is important to use lawyers familiar with the differences to maximise the position and minimise costs. We can assist with :-
- Shop leaes
- Lease for office
- Licensed premises leseas
- Industrial units
- Hot food licences
Issues to watch out for with commercial leases
The types of issues which should always be considered both by landlords but especially by tenants include
- Lease term
- Lease renewal
- Personal guarantees
- Rent deposit
- Authorise guarantee agreement
- Schedule of condition
- Rent reviews
- Break clauses
- Repair clauses
- Service charges
- VAT on rent
- Permitted use
- Dilapidations clauses
- Clauses about conesent to assign, underlet or alter
If you need a commercial property lawyer in Newcastle please contact us.