Commercial Lease Renewal (1954 Act)
Commercial Lease Renewal Process & Procedure
Expert advice and help when renewing a commercial lease
If you are a landlord of commercial premises, you will need to make some decisions when the term of the lease ends and you require a commercial lease renewal.
If the lease enjoys the protection of Part II of the Landlord and Tenant Act 1954, it will not automatically come to an end at the expiration of the fixed term. Following service of legal notices, a commercial tenant may have the right to apply to the Court for a new tenancy. This raises numerous questions:
As the landlord:
- What if I do not want the tenant to have a new tenancy?
- Can I oppose the tenant’s application as I want to start my own business from the premises?
- Will the tenant always have statutory protection or can these provisions be contracted out?
- What rent will be paid whilst Court proceedings continue?
Guy Osborn and his team are happy to talk you through the process of renewing a commercial lease. They will also be able to answer any questions you may have.
Professional and communicative throughout the process of becoming a Freehold Company and having a share of said freehold. Both Amber and Siroop spoke in plain English and were most efficient and pleasant to deal with.
Amber was fantastic from start to finish. Efficient, clear and professional. Will certainly be calling on her again.
Guy and his team assisted me with a new lease venture and were an absolute pleasure to work with. A professional & knowledgeable team who offered fast and excellent advice. Highly recommend their services
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