Commercial Lease Termination Solicitors

A commercial Lease (or Underlease) can be terminated in various ways depending on the circumstances.

The termination could be by the landlord or by the tenant – or by agreement of both.

Termination by landlord

When the lease is contracted out there are very limited circumstances under which a landlord can terminate a Lease:-

• Are there any rent arrears?
• Is the tenant complying with all the other obligations in their lease?
• Does the landlord require the premises for their own use?
• Is the landlord planning to demolish the building?

Termination by tenant

When the lease period expires, some landlords and tenants assume that the lease has no effect. 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.

Various documents and notices in a certain form have to be given to the other party at a certain time. We at Business Lawyers Direct are very experienced in the procedures required to be followed in these cases, making sure that you are fully protected whether you are the landlord or the tenant.

Call Business Lawyers Direct today on 0845 371 0701 or contact us via our online enquiry form and one of our senior solicitors will be pleased to discuss your requirements.