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Top 10 of 3,582 law firms for Renewal of a Lease, Commercial Property
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This work covers renewing a business tenancy in England when the current lease comes to an end and a landlord and tenant negotiate new terms. A solicitor helps draft and respond to notices, negotiates rent and service charge, and reviews the terms of the renewal, including length, permitted uses, repairs, and any break clauses. The process often follows the statutory framework under the Landlord and Tenant Act 1954, balancing commercial needs with security of tenure.
What a solicitor handles in these matters
The solicitor handles the notice and counter-notice process, prepares proposed lease terms, negotiates rent, insurance and service charges, and resolves issues such as renewal length, repairs and repairing covenants, and any break or renewal options within the statutory framework. They may also coordinate surveys, prepare a lease on renewal, and liaise with landlords, tenants, and possibly mortgagees or professional advisers.
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