Tenants

The location of your business is a very important factor in its success. As a tenant, it is important to ensure that the duration of the lease is sufficient to meet your long term business objectives. If you are contemplating leasing a premises, we can guide you through the process and advise you on:

The tenant’s and landlord’s rights and obligations under the lease;
Who should be named as a party to the lease?
The best structure for asset protection purposes;
How rent is to be calculated and reviewed under the lease?
What is the permitted use of the premises and whether the definition of the permitted use is too narrow or restrictive?
How outgoings are calculated?
The liability to contribute to the landlord's outgoings;
Any other payments required under the lease;
Special or unusual terms or clauses;
Repayable security deposit or guarantees required;
Whether or not the lease contains an option to renew and or an option to assign;
Your rights and obligations at end of lease;
Consequences of breaching lease conditions.

Rights and Obligations, Outgoings...