20th March 2020
The worldwide spread of the Coronavirus has resulted in emergency measures and Government guidance about restricting physical contact with other…
A business lease, or a commercial lease, is a lease under which a tenant occupies a property for the purposes of their business. Under a business lease, tenants have the right to renew the lease at the end of the contractual term. There are obligations in place on the part of the business tenant, and these are taken into account during disputes over the automatic renewal of business leases.
There are a variety of obligations for business tenants both before and during a tenancy is agreed, including:
Those who wish to have a breakable or flexible contract in place can choose to sign a tenancy at will. This will allow either party to terminate the tenancy at any time and for any reason. These licences are often chosen to cover both parties during the creation of complete tenancy agreements. If you are seeking legal advice regarding your tenancy call Clearwater Solicitors for advice on 08000 430 430.