This is a very detailed subject and the law is largely governed by Part II of the Landlord and Tenant Act 1954. But case law, precedent and modern day practice also come into play. There may be some surprises for the average client who has had little or no experience of business tenancies. In particular, clients will need to know if a lease is (or is to be) inside or outside the LTA 1954 and the implications of that.
There is a growing trend to write legal documents in plain English and not to use “jargon”. We strive to draft documents that all our clients can understand. We will always endeavour to use wording so that the reader is left in no doubt as to what is intended.
Whether you are already a landlord or a tenant under a business tenancy or are proposing to enter into a lease of business premises, there are numerous aspects upon which you should seek advice from a solicitor who has relevant knowledge of the law and sufficient experience in practising it.
Perrin Myddelton can advise you on everything you need to know about business tenancies, whether you are entering into a lease, contemplating a licence to assign or alter a lease or to change the use of the premises, varying a lease or seeking to end or extend a lease, or whether you are just concerned about an actual or possible dispute with your landlord or tenant. We can also provide general advice as required on all types of issue that can crop up in respect of a business lease.
We assist Landlords & Tenants with the following:
- Leases & Variations of Leases
- Rent Deposits & Guarantees
- Lease Termination
Please note: The information on our website is by no means comprehensive and is for general information only. It should not be relied upon as a substitute for obtaining specific legal advice from one of our experienced solicitors in the light of the circumstances of your particular case. We strongly encourage you to consult with us at the earliest opportunity, as doing so may enable us to recommend that you take a particular course that is in your best interests and saves you money.