Business leases come in a wide variety of forms, usually dependent on the length of the term and the proposed rent. They all follow the same general format although institutional leases i.e. leases which are suitable for institutional investors usually contain much more detailed provisions. The lease will include details of the landlord, the tenant, the rent, obligations on the part of the tenant, obligations on the part of the landlord and some general provisions. There may be provision for the rent to increase or a provision for either side to bring the lease to an end early. In the main business leases fall within the provisions of the Landlord & Tenant Act 1954 allowing the tenant to ask for a new lease at the end of the term (see Renewal).

For advice on Business Leases please contact:

Glyn Evans on 01934 637911 e-mail evans@powellslaw.com or
Stephen Soper on 01934 637915 e-mail soper@powellslaw.com.

See also our Shops & Offices and Pubs, Clubs, Hotels & Restaurants fact sheets (PDF).