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Industrial premises work covers business leases, acquisitions and portfolios of factory, warehouse or distribution space. A solicitor in this area drafts, negotiates and reviews leases, rent and service charge provisions, repair covenants, assignment and subletting, renewal or break options, and plans for dilapidations or landlord repairs. They also handle registrations, searches and due diligence when a site is bought or funded, and advise on compliance with planning and regulatory requirements relevant to industrial use.
Leases and rent reviews are central: the solicitor drafts the lease, negotiates terms on rent, service charges, rent review mechanics and repair duties, and manages options to renew or break. They advise on tenant or landlord remedies for breaches, negotiate assignments or sublicensing, and ensure the document can be registered and enforceable. They also coordinate with lenders, surveyors and planning authorities to address permitting, compliance and any dilapidations or landlord works.
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