COMMERCIAL LEASE RENEWAL SOLICITORS

Renewing a commercial lease is a critical moment for both landlords and tenants, requiring strategic decisions that can impact the future of your property and business. Our expertise in the Landlord & Tenant Act 1954, along with broader commercial law, ensures that we can guide you through this process, whether or not you have security of tenure.

Security of tenure under the Landlord & Tenant Act 1954 grants tenants the right to renew their lease upon expiration, ensuring business continuity and allowing challenges to rent increases. If your lease is protected by the Act, you can claim a new business lease by serving notice on your landlord, provided certain conditions are met. We’ll advise you on your eligibility and rights under the Act.

Not all commercial leases are protected by security of tenure. We will determine if your lease is covered and guide you through the steps to secure renewal rights. If it applies, renewing your lease involves serving notice within the correct timeframe. Negotiations over terms, such as rent and lease length, may arise, and we aim to secure favorable terms while protecting your interests.

For leases excluded from the Landlord & Tenant Act 1954, the renewal process is less straightforward. Tenants must negotiate to secure a new lease, and we assist in representing your interests, ensuring terms are clear and equitable. We also provide strategic advice to landlords on granting new leases and the conditions to consider.