Commercial Lease
Commercial Lease
Our commercial lease experts are here to ensure that every term is clearly understood, fairly negotiated and aligned with your goals.
Our commercial lease experts are here to ensure that every term is clearly understood, fairly negotiated and aligned with your goals.
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Commercial Leases Services
We work with clients across all sectors, from retail and office to industrial and hospitality, advising on everything from initial lease negotiations to mid-term variations, renewals, extensions and break clauses. Our commercial property team is known for its practical advice, clear communication and ability to keep transactions moving swiftly and smoothly.
New Leasehold Transactions
- Drafting and negotiating full repairing and insuring (FRI) leases
- Advising on heads of terms and drafting agreements for lease
- Carrying out due diligence including title review, property searches and enquiries
- Reviewing service charge arrangements, rent reviews and repair obligations
- Advising on permitted use, alienation rights and security of tenure under the Landlord and Tenant Act 1954
- Managing all pre-completion and post-completion formalities
- Drafting and negotiating full repairing and insuring (FRI) leases
- Advising on heads of terms and drafting agreements for lease
- Carrying out due diligence including title review, property searches and enquiries
- Reviewing service charge arrangements, rent reviews and repair obligations
- Advising on permitted use, alienation rights and security of tenure under the Landlord and Tenant Act 1954
- Managing all pre-completion and post-completion formalities
Lease Variations
- Drafting deeds of variation to amend terms such as rent, lease duration, or permitted use
- Renegotiating lease provisions to reflect changes in business needs or property circumstances
- Ensuring variations are legally binding and accurately registered where required
Lease Variations
- Drafting deeds of variation to amend terms such as rent, lease duration, or permitted use
- Renegotiating lease provisions to reflect changes in business needs or property circumstances
- Ensuring variations are legally binding and accurately registered where required
- Drafting deeds of variation to amend terms such as rent, lease duration, or permitted use
- Renegotiating lease provisions to reflect changes in business needs or property circumstances
- Ensuring variations are legally binding and accurately registered where required
Break Notices & Terminations
- Advising on break rights (fixed or rolling) and drafting and serving valid break notices
- Assessing compliance with break conditions to avoid invalid termination
- Advising on exit strategies, including dilapidations, reinstatement obligations and yielding up clauses
- Negotiating surrender agreements or conditional early terminations
- Advising on break rights (fixed or rolling) and drafting and serving valid break notices
- Assessing compliance with break conditions to avoid invalid termination
- Advising on exit strategies, including dilapidations, reinstatement obligations and yielding up clauses
- Negotiating surrender agreements or conditional early terminations
Lease Renewals & Extensions
- Serving statutory notices under the Landlord and Tenant Act 1954
- Negotiating lease extensions or renewals outside of the Act
- Advising on rent review provisions and market rent assessments
- Ensuring the renewed lease reflects current business needs and remains fit for purpose
Lease Renewals & Extensions
- Serving statutory notices under the Landlord and Tenant Act 1954
- Negotiating lease extensions or renewals outside of the Act
- Advising on rent review provisions and market rent assessments
- Ensuring the renewed lease reflects current business needs and remains fit for purpose
- Serving statutory notices under the Landlord and Tenant Act 1954
- Negotiating lease extensions or renewals outside of the Act
- Advising on rent review provisions and market rent assessments
- Ensuring the renewed lease reflects current business needs and remains fit for purpose
Speak to our Commercial Property Team
Whether you are acquiring new premises, leasing, developing land, or protecting your interests as a landlord or tenant, our solicitors are here to guide you every step of the way.
Commercial Property
Why Choose Franklins Solicitors for
Commercial Lease Work?
Informed Advice, Every Time
Our experience with landlords and tenants means we know what matters to each party, helping you make informed decisions.
Sector-Spanning Support
We work with occupiers, investors, developers, institutional landlords and growing businesses across every industry.
Proactive Problem-Solvers
We identify potential risks early and suggest pragmatic solutions to avoid disputes and delays.
Collaborative Approach
We regularly liaise with agents, surveyors and lenders to keep your transaction progressing efficiently.
Commercial Property
Why Choose Franklins Solicitors for
Commercial Lease Work?
Informed Advice, Every Time
Our experience with landlords and tenants means we know what matters to each party, helping you make informed decisions.
Sector-Spanning Support
We work with occupiers, investors, developers, institutional landlords and growing businesses across every industry.
Proactive Problem-Solvers
We identify potential risks early and suggest pragmatic solutions to avoid disputes and delays.
Collaborative Approach
We regularly liaise with agents, surveyors and lenders to keep your transaction progressing efficiently.
Commercial property
Commercial Lease Work FAQs
A lease variation is a formal agreement to change specific terms of an existing lease, such as extending the term, changing the rent or altering permitted use. It must be properly documented to be legally enforceable.
Many leases contain a break clause allowing either party to end the lease early. The break must be exercised correctly, including notice periods, format and conditions, to be valid.
This depends on the lease terms. Most leases require landlord consent before assignment or underletting. We can help you navigate these requirements and ensure all necessary consents are obtained.
Depending on the lease and your rights under the Landlord and Tenant Act 1954, you may have the right to renew or negotiate a new lease. It’s vital to take legal advice well before the lease expires.
