Both landlords and tenants have the power to terminate a commercial lease; however the ways in which it is possible to end a lease depend on the circumstances.
Whether you are a landlord or tenant, our solicitors can provide legal advice and guidance, helping you reach an agreement as quickly as possible.
When the lease is not contracted out, there are very limited circumstances under which a landlord can terminate a lease at the end of the lease period:
If you are unsure whether you are in a position to terminate the lease, contact one of our experienced commercial solicitors today.
When the lease period expires, some landlords and tenants assume that the terms of the lease cease to take effect. In fact, this is not the case; the lease will continue indefinitely on the same terms at the same rent unless either the landlord or the tenant takes some action.
If you are a commercial tenant seeking to terminate your lease, various documents and notices in a particular form will need to be given to the landlord at certain points in the process.
Our experienced solicitors can help you with the termination of a lease, ensuring the law and the terms of the lease are complied with at every stage of the process.
If you are in need of advice on the legal processes involved in terminating a commercial lease, contact Business Lawyers Direct today on or contact us via our online enquiry form and one of our senior solicitors will be pleased to discuss your requirements.