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Variety is the spice of commercial property leases!  At Fisher Jones Greenwood, we provide legal advice and assistance to a range of businesses. Whether you’re a landlord seeking to protect your investment or a tenant establishing a new location, our experienced commercial property team provides comprehensive legal guidance throughout the leasing process. 

We can advise on flexible hot desk agreements, office leases including serviced and standalone buildings, retail and hospitality leases for premises of all size – to large scale industrial commercial clients with their property requirements including pension and investment funds.    

For advice, contact us via our online enquiry form form or call 0845 543 5700.

Our Services 

Our dedicated team comprises Partners, Solicitors, Associates, Paralegals and Apprentices, all with extensive knowledge of the issues involved in leasing property. We offer: 

  • Drafting new leases for all types of commercial property. 
  • Reviewing leases and advising landlords and tenants on their obligations before entering into a new lease. 
  • Assignments of commercial property leases, including preparation of Licences to Assign and Authorised Guarantee Agreements. 
  • Drafting and reviewing lease renewals, advising on security of tenure provisions and the Landlord and Tenant Act 1954. 
  • Drafting, reviewing, and advising on underleases and obligations in superior leases. 
  • Deeds of Variation for individual properties or collectives, such as industrial estates. 
  • Deeds of Surrender with advice on Agreements for Surrender. 
  • Long leasehold interests in commercial property for pension funds or investors. 

Our team work collaboratively, together and with their support staff to provide clients with straightforward, practical and honest advice.  We utilise technology where appropriate but are considerate to all client’s needs.

Our Process 

We understand that commercial property leasing can be complex, which is why we’ve developed a clear, structured approach to guide you through every step: 

  1. Initial Consultation and Assessment – We begin with a thorough discussion of your requirements, whether you’re a landlord or tenant. Our team will assess your specific needs, timeline, and commercial objectives to develop a tailored strategy. 
  2. Due Diligence and Review – Our solicitors conduct comprehensive reviews of all relevant documentation, including existing leases, property searches, and planning permissions. We identify potential issues early and advise on risk mitigation strategies.
  3. Negotiation and Documentation – We handle all negotiations on your behalf, ensuring your interests are protected whilst maintaining constructive relationships with all parties. Our team will be pleased to review heads of terms before they are agreed and to draft, review and report on all necessary documentation to reach a satisfactory conclusion to lease agreements.
  4. Completion and Beyond – We manage the completion process efficiently, ensuring all legal requirements are met and deadlines achieved. Our relationship doesn’t end at completion – we remain available for ongoing advice and support throughout your lease term.
  5. Transparent Communication Throughout the process, we provide regular updates and clear explanations of complex legal matters. We’re always available to answer questions and ensure you understand each step of your transaction. 

Why Choose FJG? 

Our team includes specialist commercial property solicitors with extensive experience in all aspects of commercial leases. The team is also recommended by the independently-researched publication, The Legal 500, as being one of the top teams of experts in the country. 

We combine legal expertise with a deep understanding of the property market to provide practical, business-focused advice. From initial negotiations to dispute resolution, we provide comprehensive support for all commercial lease matters. We tailor our services to meet the specific needs of each client, whether you’re a small business tenant or a large property investor. 

With deep roots in Essex and wider UK property market, we offer insights into local trends and regulations. 

Recent Client Highlights 

Our experienced team has successfully handled a diverse range of complex commercial property transactions, demonstrating our expertise across various sectors and transaction types: 

  • Purchase of a shopping centre by way of long leasehold interest, subject to 40 occupational leases from a receiver for a company incorporated in Jersey 
  • Agreement for Lease for the construction of a 45,000 sq. ft warehouse to be built to tenant specifications 
  • Preparation of long leasehold interest of part of freehold, subject to occupational leases, to be sold at auction 
  • Assisting the owners of a major business park with leases for industrial units and offices across the business park  
  • Creating a long leasehold interest to separate title of a multipurpose building to transfer commercial property element to pension fund 
  • Renewal of a lease, negotiated following issue of a section 25 Landlord and Tenant Act notice, with assistance of a surveyor to agree suitable market rent.  Tenant rent proposed £40k, Landlord rent proposed £100k, agreed market rent £52k.   
  • Contract for sale of a freehold asset agreed, short term lease granted for 12 months to allow buyer to acquire funding whilst fitting out premises 

Contact Us 

With strategically located offices across Essex—including Billericay, Braintree, Chelmsford, Clacton-on-Sea, Colchester, and Sudbury—as well as London, we’re always within reach to offer tailored assistance that meets your specific needs. 

For advice, contact us via our online enquiry form or call 0845 543 5700. 

 

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Contact A Solicitor Today

For more than four decades, Fisher Jones Greenwood has provided expert legal advice to individuals and businesses throughout Essex, Suffolk, and London. Our dedicated team of solicitors is committed to delivering practical solutions for your legal matters. Contact us on 08455 435 700 or via our online enquiry form to schedule a consultation.

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How long does a commercial lease usually last?

Commercial leases commonly range from 3 to 25 years, depending on the business needs and market conditions. Shorter leases offer flexibility but may have higher rent, while longer leases provide stability but require greater commitment. We can advise on the optimal lease length for your specific circumstances. 

What should I consider before signing a commercial lease?

Key considerations include: rent review provisions, break clause options, service charge arrangements, repairing obligations, permitted use clauses, assignment and subletting rights, and security requirements such as rent deposits or personal guarantees. We recommend having our solicitors review all terms before committing. 

Can I end a commercial lease early?

This depends on whether your lease contains a break clause. Without one, you’re generally bound to the full term unless you can negotiate an early surrender with the landlord or assign/sublet the lease to another party (subject to lease permissions). We can advise on your specific options based on your lease terms. 

What is a rent review and how does it work?

Rent reviews are predetermined points during a lease when the rent can be adjusted, typically upward only. The review method will be specified in the lease and may be linked to market rates, RPI/CPI indices, or a fixed percentage increase. Understanding these provisions before signing is crucial to forecasting future business costs. 

What are dilapidations and why are they important?

Dilapidations refer to breaches of lease covenants that relate to the condition of the property. At the end of a lease, landlords often serve a schedule of dilapidations claiming for repairs, redecoration, or reinstatement. These claims can be substantial, so understanding your repairing obligations from the outset is essential. 

Do I need a survey before taking a commercial lease?

While not legally required, a commercial property survey is highly recommended. It establishes the condition of the property at the outset and can help limit your liability for pre-existing issues. This is particularly important for FRI leases where repair responsibilities are extensive. 

What is a Licence to Alter?

If you need to make changes to a leased property, most commercial leases require landlord’s consent in the form of a Licence to Alter. This document sets out what changes are permitted and any conditions attached, including potential requirements to reinstate the property at the end of the lease. 

What costs are involved when entering a commercial lease?

Beyond the obvious rent payments, costs may include: legal fees, Stamp Duty Land Tax (SDLT), service charges, insurance, business rates, utilities, fit-out expenses, and potentially VAT. We provide clear guidance on all potential costs to help you budget effectively. 

Can I assign my lease to another business?

Most commercial leases contain provisions regarding assignment (transferring the lease to another party). These typically require landlord’s consent, which should not be unreasonably withheld, but may impose conditions such as guarantees from the outgoing tenant. We can advise on your specific assignment rights and negotiate the best possible terms. 

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