Frequently Asked Questions around Commercial Property

You do not want to be in a position where your business is being hampered by inability to expand or modify the building.

Most commercial Leases are restrictive in this regard. Our experienced Commercial Property Solicitors are best placed to provide expert analysis of the relevant provisions of your Lease coupled with general practical commercial advice. The solution would be an approach to the Landlord of the premises for permission to carry out any necessary works.

We are able to advise and negotiate the terms of the consent on your behalf and with our unrivalled knowledge of the local commercial property market are best placed to recommend Surveyors to assist in the preparation of drawings and specifications to support your application for consent.

Clearly, you are aware of the requirement of the growth of your business.

Your problem is that of combining the present running of your business and finding time to address issues arising from a proposed move and what would be best for your business.

Franklins Solicitors are able to assist with their unrivalled knowledge of the local commercial property market and dealings with professional contacts including Agents, Surveyors, Bankers and Accountants. In addition, we are able to advise on the pros and cons of freehold or leasehold acquisition and general commercial matters to suit your business.

Whether you are a Landlord or a Tenant, the importance of remembering the key dates in your lease and then taking the necessary steps to enforce actions under the lease cannot be overlooked once completion has taken place. You receive a call from your solicitor that completion has taken place, the keys can be collected and you’re ready to move in.

If you are a tenant, while you might be enjoying your new premises and initially be familiar with those key dates, in reality Tenants and Landlords often overlook or forget clauses which enable break clauses to be exercised or otherwise affect a tenant’s ability to request a new lease from a Landlord.

As a tenant, if you have the opportunity to exercise a break clause, are you really that familiar with the conditions that need to be fulfilled before the Landlord will enable you to vacate and the requisite notices that need to be prepared and served in accordance with the time limits stipulated by the lease. We not only remind you of the key dates on completion of the lease, but during your occupation, so that while you are enjoying your premises, we will be on hand to advise you of any key date via our computer diary system.

If you are a Landlord, keeping up to date with the provisions to serve notices effectively need not be an onerous task, at Franklins Solicitors LLP we will undertake a thorough review of the lease and can also assist in the drafting and preparation and the services of notices, don’t hesitate to contact us for more details.