Alfreton 01773 301858
Clay Cross 01246 865048
Commercial leases
To make sure you are getting the best agreement for your commercial lease, call Cleaver Thompson Solicitors in Alfreton and Clay Cross.
Navigate through the legal jargon
We can help you navigate through the legal jargon surrounding commercial leases, and understand the implications for your business. Premises for your business are a major investment, contact us to ensure you make the right choice.
LEASE OF COMMERCIAL PROPERTY
If you want to use someone else’s property to use for your business, for example a restaurant, shop, or warehouse, then you can rent the space from them in return for a monthly payment. This is known as a commercial lease of commercial property. Both parties in a lease agreement have legal obligations to each other. Funding for your business premises is likely to be a large proportion of the costs, and it’s crucial you make the best choice.
Commercial lease renewal
There can be some confusion between business licences and leases, however there are important implications to understand before you sign a contract. If you choose the wrong agreement, you may find that you don’t have the rights you are expecting. We can help guide you through the legal jargon to clearly understand the implications for your business. When it is time for your commercial lease renewal, we can also help you review the needs of your business.
Business licences and leases
A lease is a contract between landlord and tenant, that gives legal rights to use the property for the specified activity for a particular period. The lease will contain details of both parties’ responsibilities and rights during this period. A lease can also be bought and sold. A licence is just permission to occupy a property. It doesn’t confer any rights, and cannot be bought or sold. It has no security of tenure, so the landlord can withdraw permission at any time.
ARE YOU THINKING OF LEASING A PROPERTY FOR YOUR BUSINESS?
Before you sign on the dotted line, call Cleaver Thompson Solicitors in Alfreton and Clay Cross to ensure your business is protected. We can also help you with neighbour and boundary disputes, plus flight delay claims.
ALFRETON OFFICE
5 & 7 King Street, Alfreton, Derbyshire, DE55 7AE
Tel: 01773 301858
CLAY CROSS OFFICE
6a Eyre Street, Clay Cross, Derbyshire, S45 9NS
Tel: 01246 865048