Business
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1.4
Commercial leases
Advice for tenants taking, renewing or leaving a commercial lease, including break clauses and dilapidations.
A commercial lease can run for ten years or more, and the terms you accept at the start decide what you pay to leave. We make sure you understand them before you sign.
What’s included
A review of the heads of terms before the lease is drafted
A review of the lease and negotiation with the landlord’s solicitor
A plain-English report on rent, repairs, break clauses and service charge
Completion and stamp duty land tax filing
Not included
A survey of the building, which we recommend
Licences for alterations, quoted separately
Key stages
Heads of terms agreed
Lease drafted, reviewed and negotiated
Report to you and approval
Signing and completion
What we need from you
The heads of terms or the agent’s particulars
Your plans for the space, including any alterations
Your target start date
Every matter is different. We confirm the scope and the fee in writing before we start.
Fee
from £1,950 + VAT
Tenant side, a new lease of one property. Renewals from £1,500.
Timescale
4–8 weeks
Led by
Priya Natarajan
For
Businesses renting offices, shops or workshops in England and Wales.
Tell us what’s happening.
We’ll reply within one working day with whether we can help, and what it would cost.