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 terms "business" as used in this context, does not however include agriculture or farming, where a different set of rules and customs applies.
Our solicitors can assist with items such as :-
- FRI - full repair and insuring leases
- Landlord's covenants
- Landlord's continuing liability
- Licence to assign and sub-letting
- Rent reviews
- Repairing liability
- Right to renew and options to purchase
- Tenant's continuing liability
For more information, please contact us on 01204 540900 or 0161 834 4722.