If you are a landlord of a commercial property, there are many aspects that you need to consider to make sure you are fully protected.
Before you negotiate the terms of your lease with a tenant, make sure that you always seek legal advice, unless of course you are experienced in this type of transaction or employing the services of an experienced agent.
We will liaise with your professional team, who for landlords will include as necessary the agent and accountant and for landlord or tenant, any surveyor regarding schedules of condition or other issues they are dealing with for you.
We also provide advice on licences of all types:
- To alter;
- For signage;
- To assign;
- As well as rent deposit deeds, personal guarantees, schedules of condition and break clauses to name just a few.
As a tenant you should note that Stamp Duty Land Tax (SDLT) may be payable – we can advise and guide you where appropriate. We recommend the following Stamp Duty calculator so you can check what you might need to pay.
For any advice about landlord and tenant legal matters, please speak to a member of our team today.