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Lease arrangements in commercial property cover the creation and management of business tenancies. A solicitor drafts or negotiates leases, checks rent terms, service charges, repair covenants and insurance provisions, and handles assignments, renewals, surrender and breaks. They review heads of terms, coordinate landlord and tenant consent, and liaise with lenders where property collateral is involved. The work reflects the commercial objectives of the client while ensuring compliance with statute and common law, including notices, forfeiture risk, and dispute resolution pathways.
The solicitor handles the bespoke provisions that make a lease workable: rent review mechanisms and timing, break clauses, repair liability, user restrictions, repair and dilapidations exposure, service charge caps, alienation and assignment rights, and landlord consent processes. They structure tenant protections within the lease and prepare or review related documents such as heads of terms, deeds of variation, and licences, ensuring alignment with lender requirements and practical occupancy needs.
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