Why Use A Solicitor For A Commercial Lease?
So why should you use a solicitor for a commercial lease? It is not a requirement. However it is highly recommended. If you take into account the large volume of documents, and checks involved before your business commits to often what is several years at a premises.
As mentioned initial discussions with the landlord are usually friendly and open, however many businesses find the incredibly long leases daunting. They can be full of restrictions that, weren’t mentioned in any initial conversations.
It is important to understand any restrictions that will be imposed upon you and your business. Especially what that means in real terms. It is well known that most landlord’s won’t budge on the main terms of the lease. Understanding what is involved before you are caught up in a long contract, is extremely beneficial to the business. There is nothing worse than finding that you are restricted. This could be a way which would have made you walk away from the deal, had you know in advance.
Altion Law are specialists at advising and representing parties with Commercial Leases. If you would like to have a confidential discussion with a member of our team, please complete our Online Enquiry. We will call you back at a time that is suitable for you, or you can contact us directly on 01908 414990.