Commercial Property Tenancy Agreements

Based in Holborn and Ilford, Blacks Legal are commercial property solicitors able to offer a range of legal services, including expert legal advice on commercial property law, rental renewals and franchise agreements.

Commercial Property Tenancy Agreements

A commercial tenancy agreement is crucial whether you are the landlord or the tenant. This document lets you know the crucial information regarding your responsibilities with the property but also protects your rights.

It is a critical step in the commercial property process, and our solicitors can help ensure your best interests are protected. Contact us today to find out how we can help you.

Tenancy Agreement Solicitors in London and Essex

If a commercial property owner wishes to rent to another business, a tenancy agreement is needed. This document outlines the responsibilities of both the landlord and the tenant, protecting the interests of both parties.

There is various different commercial property that you may be interested in buying or selling, including:

 

What is a commercial lease?

A commercial lease is essentially a tenancy agreement for commercial premises which addresses several clauses. The main need for a tenancy agreement is to outline the details about the building, including the use. Typically, the tenancy agreement will include:

personal information, including contact information, for both parties

●    if a guarantor is required or not 

   property specific details, such as the size of the space being rented

    general letting information, including the rent cost, the length of the agreement

    the property uses, including if there is exclusive use of property or not 

    clauses outlining if renovations or improvements are allowed to the property, and whether they have to be approved by the landlord

 

Landlord responsibilities

 As a landlord, you will have liability over many aspects of the property, particularly in relation to the maintenance of the property. The tenancy agreement will outline your responsibilities and liabilities while also protecting your rights. Landlord responsibilities generally are:

the upkeep of the property

●  seasonal maintenance

   ensuring health and safety requirements are met

    collection of rent payments

    outlining how tenants can use the property

 

Tenant responsibilities

As a tenant, you must be aware of your responsibilities to prevent you from being in breach of your contract. Typically, as a tenant, your responsibilities will include:

utilities

●  minor repairs

   rent

    day to day upkeep of the property, such as ensuring it is clean

 

How can we help you?

At Blacks Legal, we know that commercial property is crucial to running a business. Before you sign a tenancy agreement, you should always seek professional advice.

Contact us today on 020 3500 7471 or complete our online enquiry form.

 

Why choose us?

Our expert team of specialists will work with you to ensure the agreement has your best interests protected. Property law can become complex fast, but our team have years of experience behind them that can be used to ensure you get the best tenancy agreement possible, regardless of whether you are the landlord or the tenant.

 

Commercial Property Tenancy Agreement Solicitors in London and Essex

To ensure your commercial lease protects you and your business, contact Blacks Legal today on 020 3500 7471 or complete our online enquiry form and a member of our team will get back to you.