Did you know that more than half of the property occupied by businesses is rented rather than owned? It means it is more likely that your property problems could be to do with your status as a landlord or tenant than as an owner. It is therefore crucial that you receive strong legal and practical advice from a knowledgeable legal team of real estate solicitors who understand both the market and your own individual needs. Here at Lester Aldridge, we can provide this advice.
We advise landlords and tenants across the country on all aspects of their leasehold transactions. We act for large institutions, landowners, fund and asset managers, retailers, occupiers of office and mixed use premises and SMEs, amongst others.
Our lawyers can also work in concert with specialists in our other real estate teams to provide you with advice throughout the life of your interest in a real estate asset.
How can our landlord and tenant solicitors help?
Our team of experienced property lawyers can help your business with all aspects of landlord and tenant law, whether you’re a landlord or a tenant. We can help you with:
- Drafting, negotiating and agreeing new leases and tenancy agreements and associated documents including Rent Deposit Deeds and Guarantees
- Lease renewals
- Licences in connection with business premises including Licences to Underlet, Licences to Carry out Works and Deeds of Variation
- Subletting and assigning of leases
- Disputes on areas including break clauses, rent reviews, service charge, forfeiture and dilapidations claims
- Residential Landlord and Tenant issues including enfranchisement and right of pre-emption for qualifying tenants on sale of freehold
What is the process?
You are welcome to contact us for an initial informal discussion about your issue, on a confidential basis and without charge.
Every matter requires tailored advice. Our landlord and tenant law solicitors will discuss the specific timescales, costs and processes with you individually based on your needs.
How long does it take?
Timescales will vary depending on the scope of advice needed from us but we will always try to work to your preferred timescales wherever possible.
Timing can be very important in landlord and tenant law, for example when serving Break Notices, which is why we can call on our experienced property litigation team and work with them to advise clients at the appropriate time in order to mitigate the risks of disputes.
Frequently Asked Questions
Whether you’re a landlord or a tenant, the most important terms in a commercial lease include the length of the term, the rent and whether the amount of rent can increase during the term of the lease and other payments, such as service charges and insurance rent. Other areas of importance include repair provisions, the permitted use under the lease and whether the lease includes any break provisions. Your own business needs will also dictate which aspects are of most concern to your business and with their wealth of expertise in this area our lawyers are well placed to help you understand the key points for you and key risks to your business.
This depends on the terms of each individual lease, but tenants are usually responsible for keeping the property in good repair and condition. The extent of this responsibility can depend on the nature of the property and in some cases, its current and/or previous state of repair. Tenants are also usually responsible for redecorating the property and renewing certain parts of the property (such as carpets and other fixtures) in some cases. The nature of the interest and the overall building will also impact on repair obligations and so, for example, tenants can benefit from carve-outs of repair obligations if relevant to the demise and nature of their interest. Both landlords and tenants need to pay careful attention to their repair obligations and our lawyers can help you navigate this tricky area.