Frequently asked questions
A new leaseholder agreement is a contractual agreement signed by the landlord and the tenant when a property is being leased.
It's important to choose an expert lawyer with lease experience to support you in protecting your property long term, and ensuring you're getting the best deal. You can also learn more about the cost of agreeing a commercial lease.
Yes, lease terms can be changed after the agreement has been signed. Both sides must first agree to any changes that take place before this can be actioned so that no shifts in the regulations are forced upon the other party.
Ending a business property lease early usually depends on whether the agreement includes a break clause. Without one, you may need to negotiate with the landlord to surrender the lease. Legal advice can help you explore your options.
Should there be any breach of your leaseholder agreement, action can be taken. This can include claims for damages for any loss suffered due to the breach, an injunction to prevent the leaseholder from continuing to commit the breach, or even forfeiture of the lease if necessary.
Most commercial leases run between 3 and 25 years, but the length depends on the agreement between landlord and tenant. Some leases include break clauses, allowing either party to end the contract earlier.
