Commercial Lease Lawyers in Birmingham
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Since 1996, the legal professionals at Onyx Solicitors have ably assisted clients in reviewing, drafting and negotiating commercial lease agreements. Whether you are a landlord or a prospective tenant, our commercial property lawyers can protect your interests no matter how complex the circumstances.
We represent and advise a wide range of clients regarding commercial leases, including those who want to rent office, retail, warehouse or factory space; those who would like to take over an existing lease; and those who wish to surrender the lease because they are selling their business.
We Explore and Explain All the Details
Before our clients sign a commercial lease agreement, we make certain they understand all the terms and conditions involved, including the rent, deposit, repair obligations and service charges for gas, water and electricity. We will determine whether you have the correct planning permissions to use the property as you wish and ensure all other planning regulations are complied with to enable you to conduct your business as you intend.
In some circumstances, we may be able to negotiate rent-free periods of tenancy or to extend the term of the lease, when that is a desirable option. We also take the time to discuss what happens at the end of the lease. What is the process for evaluating the condition of the property and for the return of your deposit or the repair of any damage?
Commercial Property and Leases
We know that commercial property transactions can be stressful, complicated, and urgent – so one of our commercial solicitors will take your call straight away wherever possible or call you back on the same day. Or answer your email on the same day if you prefer. We do not believe in making you wait for an appointment when we can give you an immediate initial steer in the right direction. It’s all part of meeting your commercial property needs promptly. At every stage, we will guide you through complex issues and help you avoid potential pitfalls. Give us a call now if you’re convinced. Or read on for some more guidance.
What do we provide?
We advise commercial landlords and tenants on all aspects of lease negotiation. Whether you require advice on a new lease, lease renewal, sub-let or an assignment, we can help simplify the process.
Our areas of expertise include the buying and selling of commercial property. If you are considering this type of transaction, we will be pleased to apply our specialised knowledge to every aspect.
Why not utilise our broad knowledge base?
Your commercial lease or your purchase or sale of a commercial property may be part of the acquisition or sale of a business as a going concern, including the transfer of assets, goodwill, stocks, and employees. If so, we will seamlessly combine our property knowledge with our company law expertise, and advise you on the whole process to make sure that nothing is missed.
We can also guide you through the complexities of raising and securing bank finance for your property, or indeed for your business generally.
What should I look for when leasing a commercial property?
When leasing a commercial property in the UK, there are crucial factors to consider to protect your business interests. At Onyx Solicitors, we understand the importance of thorough evaluation. Our experienced solicitors will guide you through the process, ensuring that you make informed decisions. We emphasise key aspects, such as location, size and layout, lease terms and flexibility, rent and operating costs, lease conditions and obligations, permitted use and planning permission, repairs and maintenance, security and safety, exit strategy and dilapidations, and the necessity of seeking legal advice. With our expertise in commercial property law, we will safeguard your interests, negotiate favorable terms, and provide comprehensive support from start to finish. Trust Onyx Solicitors to secure the perfect commercial lease for your business success. Contact us today for a consultation.
Do you need to use a Solicitor for a Commercial Lease?
While it is not a legal requirement to engage a solicitor for a commercial lease, it is highly advisable to do so. Commercial leases involve intricate legal provisions and substantial financial commitments, making it essential to have professional assistance throughout the process. Here are a few reasons why having a solicitor by your side is invaluable:
1. Legal Expertise: Our Commercial Property team specialises in commercial property leases. We have an in-depth understanding of the intricate legalities involved in negotiating, drafting, and reviewing commercial lease agreements. Our expertise ensures that your rights and interests are protected, and that you fully comprehend the terms and obligations of the lease.
2. Negotiation and Drafting: Commercial leases often require extensive negotiations between landlords and tenants to reach mutually agreeable terms. Our solicitors possess excellent negotiation skills and can advocate on your behalf, ensuring that your interests are well-represented. We will meticulously draft lease agreements tailored to your specific requirements, safeguarding your business interests and minimising potential risks.
3. Legal Compliance: Commercial leases are subject to various statutory regulations and legal requirements in the UK. Our solicitors stay up to date with the ever-changing legal landscape, ensuring that your lease complies with all relevant laws and regulations. We will guide you through complex areas such as rent reviews, break clauses, repairing obligations, and dispute resolution mechanisms.
4. Risk Mitigation: Leases can have long-term implications for your business. Engaging a solicitor minimises the risk of unforeseen legal issues arising in the future. We conduct thorough due diligence, identifying any potential pitfalls or hidden clauses that may impact your business negatively. By addressing these concerns proactively, we aim to protect your interests and provide you with peace of mind.
5. Expert Legal Advice: Our solicitors are not only legal experts but also trusted advisors. We take the time to understand your business goals, aspirations, and operational requirements. With this knowledge, we can provide tailored advice that aligns with your strategic objectives, helping you make informed decisions throughout the lease negotiation and execution process.
Safeguard your property
Your premises can have a huge impact on your business. It is often the biggest investment your business will make. Whether buying, selling, or leasing, the good news is that you do not have to tackle this alone. We can guide you through the documentation, searches and obstacles that can put your investment at risk.
What do we cover?
- Drafting and negotiating commercial leases
- Agreements for leases
- Lease renewals
- Assignments and sub-letting
- Rent reviews
- Retail units and offices
- Factories and warehouses
- Deed of Surrender
- Licence to Assign
- Licence for Alterations
- Rent Deposit Deeds
- Authorised Guarantee Agreements
- Personal Guarantee Deeds
- Landlord & Tenant Act contracting out advice and paperwork
- Stamp Duty registration and documentation.
Contact our Expert Commercial property solicitors today
Fixed Prices for Landlords and Tenants – We guarantee to beat any quote
We offer landlords fixed fee packages for the granting of new leases, giving control over cost and the level of service required. We also offer tenants a range of fixed fee packages for the taking of a new lease, providing fixed costs and tailoring the extent of our negotiation and advice to the level of service required. Contact our Commercial Lease Specialists for a detailed quote – we offer fixed prices which are highly competitive and we will beat any like for like quote from any competitor solicitors! You can also call 0121 268 3208 for a free, no-obligation initial chat with one of our legal advisors.