Top 10 of 3,582 law firms for Exit Strategy from Leasehold Premises, Commercial Property
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This work covers ending a lease of commercial premises and exiting a leasehold arrangement. A solicitor in Commercial Property helps plan an exit, review the lease for break rights, surrender, assignment, novation, or subletting, negotiate landlord consent, prepare notices, and manage dilapidations or break fees. They coordinate with surveyors and the landlord’s team to ensure the exit aligns with business objectives, timing, and any renewal options or contingency plans.
What a solicitor handles in these matters
The solicitor handles provisions, procedures and interactions that arise when ending a lease: break conditions, tenant covenants, landlord consent for assignment or subletting, surrender formalities, service of notices, and handling dilapidations. They navigate the interaction with the landlord, the landlord’s agent, and any relevant experts, ensuring the exit follows the lease terms and practical business needs.
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