If you are a tenant under a commercial lease (e.g lease of a shop, warehouse unit etc) you can create an underlease for a new tenant. You would then become a landlord of your new tenant whilst remaining a tenant under your own current lease.
However, before you do this, you will need your landlord’s formal consent – which comes in the form of a LICENCE TO SUB-LET – when the landlord is satisfied with references for the new tenant.
Whether you are a landlord or a tenant, we will deal with the paperwork and look after your interests properly and efficiently.Call 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.