- Negotiating New Leases
- Renewing Leases, Ending Commercial Leases
- Leases - Assigning, Subletting, Alienation
- Commercial Leases - Rent Reviews and Break Clauses
- Sale and Purchase of Businesses
- Non-Payment of Rent - Distraint, Forfeiture, and Bailiffs
- Use Classes, Permitted Uses in Leases, Local Authorities
- Collateral Warranties
- Commercial Leases for Retail Premises
- Leases on Offices and other Commercial Properties
- Restructuring of Property Debt and Revaluing
Negotiation of a New Commercial Lease
Sometimes it is a very good idea to have a professional fighting your corner when you are trying to secure a marketable lease which is more favourable. Having an unfavourable lease can hamper the running of your business and prevent you selling the lease or business, assignment or subletting, or obtaining further funding etc.
We start by talking with you to find out exactly what you want from your lease. We then advise you as to the type of lease you need. Once this has been agreed with you, we contact the other party and begin negotiating. At every point during negotiations we are in contact with you, so that you are fully aware of where negotiations are up to.
We offer this service at the fixed-rates below:
| Annual Rent | ||||
|---|---|---|---|---|
| Term | Up to £10,000 | £10,000 to £20,000 | £20,000 to £50,000 | Over £50,000 |
| 1-3 years | £625 | £900 | £1150 | By negotiation |
| 4-6 years | £725 | £1000 | £1250 | By negotiation |
| 7 to 10 years | £825 | £1100 | £1350 | By negotiation |
| Over 10 years | £925 | £1200 | £1450 | By negotiation |
Our fixed fees include negotiation and completion of the lease and any licence for alterations (which will probably be required if you are fitting out the property or carrying out other works) and rent deposit deed. It also includes checking the landlord’s title and preparing a full report once the lease is agreed setting out in plain English exactly what you are signing up to.
If you require searches and title investigations please see our Property Searches Service.
* All prices exclusive of VAT and disbursements. Our fixed fees may not apply to certain more complex lease transactions – please ask us.
For more information regarding negotiating a new lease please click here.
If you are interested in using our negotiation service, please call us on 0207 936 1967 (London Fleet Street Office) , 0121 5350012 (Birmingham Office), 0808 155 4870 (Salford Office) or 0161 615 5562 (Manchester Office) and ask to speak with one of our commercial property solicitors.