Legal Practice Area
Commercial Lease
A commercial lease sets your business's operational foundation. We help landlords and tenants negotiate grants, lease assignments, extensions, renewals, and surrenders with clarity.
Who This Service Is For
- Business tenants leasing retail, office, or industrial premises
- Commercial landlords drafting and issuing new leases
- Existing tenants assigning or subletting space
- Parties negotiating lease extensions or break clause exercises
Typical Process
01
Reviewing draft lease, heads of terms & rent deposit deeds
02
Negotiating repair covenants (FRI), break clauses & rent reviews
03
Verifying 1954 Act security of tenure provisions
04
Final engrossment, completion & registration if term exceeds 7 years
Frequently Asked Questions
What should I check before signing a commercial lease?
Key terms include lease duration, break clauses, repair obligations (FRI), rent review intervals, and security of tenure under the 1954 Act.
How does a lease assignment work?
A lease assignment transfers an existing lease to a new tenant, usually requiring landlord consent (AGA) and legal checks.
Step 1 of 4Service