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Commercial Leases cover the grant, renewal and enforcement of leases of business premises such as shops, offices and warehouses. A solicitor in this area handles drafting and negotiating lease terms, including rent, service charges, repair obligations, break clauses and common parts arrangements, and advises on estate management, assignment or underletting, insolvency issues and landlord duties. They also prepare notices, review landlord drafts, and progress rent reviews and lease renewals through the appropriate commercial channels and courts when needed.
The work involves drafting and negotiating detailed lease clauses, applying statutory protections for tenants where relevant, and navigating rent review mechanics, service charges, repairs, and assignment. It includes identifying potential pitfalls in title, covenants, and remedies, and coordinating with property managers, surveyors, and funding partners to keep the tenancy compliant and commercially viable.
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