Commercial Property Law: A Guide

Commercial property law encompasses a wide range of legal services related to the acquisition, disposition, leasing, development, and management of commercial properties. This field of law ensures that all property transactions and developments comply with legal standards, protecting the interests of all parties involved. This comprehensive overview of commercial property law services in the UK […]
Choosing Commercial Property Lawyers

Commercial property lawyers specialise in various aspects of commercial property law, including the acquisition, sale, lease, and development of commercial properties. They ensure that all legal aspects of property transactions are handled efficiently and correctly, from drafting and reviewing contracts to conducting due diligence and managing negotiations. Their role also extends to resolving disputes, handling […]
Types of Commercial Lease

Commercial leases come in various forms, tailored to fit landlords’ and tenants’ unique relationships. These agreements are often shaped by several factors, including the type of business conducted, the nature of the property involved, and the specific terms agreed upon by both parties. From full-service leases that simplify budgeting for tenants to net leases that […]
Short-Term Commercial Leases (Ultimate Guide!)

A short-term commercial lease in the UK refers to a rental agreement between a landlord and a business tenant for a commercial property, lasting typically from a few months up to three years . These leases offer businesses the flexibility to occupy a commercial space for a shorter period than traditional long-term leases, which can […]
Understanding Commercial Leases (Deep Dive!)

A commercial lease is a formal agreement between a landlord and a business tenant to rent a property used for commercial purposes. This arrangement allows businesses to occupy and use commercial spaces, such as offices, retail units, warehouses, and factories, without owning the property outright. In the UK, commercial leases play a crucial role in […]
Forfeiture of Commercial Lease (A UK Guide!)

Forfeiture of a commercial lease is a legal process in the United Kingdom that allows a landlord to terminate a lease before its agreed expiration date due to a tenant’s breach of lease terms. The most common grounds for forfeiture include the non-payment of rent, violation of lease conditions, or tenant insolvency. Through the forfeiture […]
Terminate a Commercial Lease (How to Guide!)

In the UK, a commercial lease represents a binding contract. Such leases are structured to offer both the property owner (landlord) and the lessee (tenant) a measure of stability and certainty for the future. However, there are occasions when one or both parties might find it necessary to leave the lease before its scheduled end. […]
Commercial Lease Renewal (A Guide!)

At the conclusion of a commercial lease, both parties can enter into informal discussions to renew the lease. The process of renewing a commercial lease in the UK is governed by the Landlord and Tenant Act 1954, which offers protection and clear guidelines for both landlords and tenants. If an agreement on the renewal terms […]
Commercial Lease Surrender

A lease surrender constitutes a consensual agreement between a landlord and a tenant to conclude a commercial lease prematurely, where the landlord consents to reassume possession of the property. Both commercial landlords and tenants face vulnerabilities during periods of economic fluctuation. Tenants may find it challenging to fulfil rent payments and adhere to their lease […]
Commercial Rent Arrears Recovery (A Guide!)

The Commercial Rent Arrears Recovery (CRAR) procedure allows landlords in the UK to recover rent arrears by taking control of the tenant’s goods and selling them to cover the outstanding rent. CRAR was introduced as part of the Tribunals, Courts and Enforcement Act 2007 and was enacted in April 2014, replacing the previous common law […]
Commercial Property Tax (Everything You Need to Know!)

Venturing into the commercial property sphere without a deep understanding of the UK’s commercial property tax regulations could lead to significant financial pitfalls. The complexities of the UK tax system can catch you off guard, resulting in hefty unexpected charges, fines, loss of property and a tarnished relationship with HM Revenue and Customs (HMRC). This […]
Finding the Best Commercial Property Solicitors

Commercial property solicitors play a pivotal role in the UK’s real estate market, ensuring that transactions involving commercial properties are legally sound, efficient, and tailored to meet the specific needs of businesses. Their expertise is crucial for a range of activities, from buying, selling, and leasing commercial spaces to navigating complex planning laws and resolving […]
What Is Commercial Property? (A Complete Guide!)

In the UK, commercial property refers to real estate used for business activities. This broad category encompasses not only buildings housing businesses but also land intended to generate profit and large residential rental properties. Examples of commercial properties include shopping centres, supermarkets, and office spaces. This broad category is vital for businesses of all types, […]
Commercial Property Investment (A Guide!)

Investing in commercial property represents a strategic approach to investment portfolio diversification, effectively mitigating risk. The potential for financial returns from commercial real estate investments arises both through rental income, provided by leasing space to tenants, and through capital appreciation, as the market value of the property increases over time. Unlike other investment assets like […]
Understanding Standard Commercial Property Conditions

Standard Commercial Property Conditions (SCPCs) refer to a set of predefined terms and conditions often used to sell and purchase commercial properties in the UK. These conditions aim to streamline the transaction process, offering a uniform legal framework that both parties can rely on during negotiations and contractual agreements. Understanding SCPCs is crucial for anyone […]
Introduction to FRI Leases (A Deep Dive!)

A full repairing and insuring lease, known as an FRI lease, is a commercial lease which gives the tenant sole responsibility for the maintenance, repair, and insurance of the property for the duration of their tenancy contract. This means that for the duration of their tenancy, the tenant assumes full responsibility for the upkeep of […]
Stamp Duty on a Commercial Lease (A Guide!)

Stamp Duty Land Tax (SDLT) must be paid on land transactions in England, including commercial leases over a certain threshold. SDLT may be payable on the grant, assignment, variation or surrender of a commercial lease. The rules surrounding SDLT are complex and it is the tenant’s responsibility to calculate and pay any stamp duty on […]
Licence to Occupy or Lease?

A licence to occupy can provide a property owner with a quick, easy and flexible way of letting out commercial premises, or even a room in their own home, avoiding the formalities and legalities of a commercial lease or residential tenancy. However, it is important to know how licences work, legally speaking, and when these […]
What is a Commercial Lease Break Clause?

A commercial lease break clause enables either the landlord, tenant, or both to end the lease early either on specified dates or at any time during the term. There are many reasons why tenants may be unsure about committing to long term leases, particularly in a challenging economic climate. They could be a new business, […]
Heads of Terms in Commercial Property Transactions

Heads of terms are used in commercial property transactions to set out the key terms expected to form part of the deal. Heads of terms help identify any issues which could prevent the success of the transaction as well as providing a guide for the lawyers when the formal, legally binding documents are prepared. While […]