Landlords and Tenants have different needs when agreeing a lease. Our partners have a wealth of experience in acting for both, overcoming problems and obstacles and ensuring your matter will successfully complete.
A tenancy or lease exists where someone lets premises to another for a term in return for a rent. The term of the letting is usually a number of years. The expression "business lease" is commonly used to refer to a tenancy of premises used for the purposes of running some kind of business. The premises may be a building, part of a building or even open land, used, for example, as a temporary car park. The terms "business" as used in this context, does not, however, include agriculture or farming, where a different set of rules and customs apply.
Partners at MLC have invaluable knowledge of the local commercial property market in London, Ilford, Redbridge, Essex and Hertfordshire, but also the national market. We are instructed by clients of all sizes including major property concerns. We are well known for understanding and satisfying the needs of property clients. We work closely with prominent surveying practices and are frequently recommended for our expertise and straightforward advice.
Our commercial property team are based out of our Ilford and Barking offices and is skilled in matters such as:
- Forfeiture / enforcing breaches of lease
- Shops , offices and restaurants
- FRI - full repair and insuring
- Landlord's covenants
- Landlord's continuing liability
- Licence to assign
- Rent reviews
- Repairing liability
- Right to renew
- Tenant's continuing liability