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Structure of a Commercial Lease

Joseph Hossein
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STRUCTURE OF A COMMERCIAL LEASE Leases can be lengthy and complicated documents. Well drafted leases however tend to follow a similar format. Below is a quick glimpse at the format and key parts of many commercial leases: Date of the Lease –...

Real Axe with a point and a pint

David Darlington
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FIELDINGS PORTER ADVISE ON SET UP OF NEW ADVENTURE TO HELP YOU REAL AXE WITH A POINT AND A PINT Fieldings Porter’s David Darlington, an Associate Solicitor in the Commercial Department, recently advised Real Axe Ltd on the opening of a new axe...

Legalese - Subject To - What does it mean?

Joseph Hossein
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LEGALESE: “SUBJECT TO” The phrase “subject to” is used quite a lot in contracts. It indicates to a reader that they should cross reference the current clause they are reading (Clause 1) with another clause elsewhere in the...

Partnership Agreements - How to make it plain sailing

Joseph Hossein
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PARTNERSHIP AGREEMENTS – THINGS TO THINK ABOUT A partnership exists when two or more people start a business together with a view to making a profit. There are 3 types of partnership in England and Wales; a conventional partnership, a limited...

A Licence To Occupy - useful or dangerous?

Joseph Hossein
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LICENCE TO OCCUPY – USEFUL OR DANGEROUS? What is a Licence to Occupy? A Licence to Occupy (Licence) is a personal agreement between a property owner (Licensor) and an occupier (Licensee). Under a Licence the Licensor provides the Licensee with...

Commercial lease terms - everything you need to know

Joseph Hossein
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You could be a tenant that has finally secured the perfect business premises or a landlord that has been approached by the ideal tenant, but your work is not over yet. It is essential that you now secure favourable lease terms. Below is a list of the sort...

Don't Be Broken By A Break Clause

Joseph Hossein
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Break Clauses - Top Tips for Commercial Tenants A break clause is a provision in a lease that allows a tenant to terminate their lease well before the lease expiry. Having a break clause is particularly helpful when a tenant’s business is performing...

Could Your Business Survive If You Became Incapacitated?

Liz Taylor
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Every business owner, director, partner or sole trader should prepare a Lasting Power of Attorney as part of an effective business continuity plan. As a business owner I’m sure you have considered what would happen in the event of your death...