Commercial Property Solicitors for
Commercial Lease Transfers
We understand that transferring a commercial lease is a significant step for any business, whether you’re a landlord, tenant, or prospective lessee. Our experienced solicitors provide clear, tailored advice to ensure a smooth transition, addressing legal complexities and protecting your interests at every stage. From negotiating terms to navigating assignments, subletting, or lease terminations, we are here to help you achieve your business goals with confidence. Contact us today to get started with your commercial leaser transfer.
“Great service from the team at Leonards, friendly and efficient!! They did a fantastic conveyancing job on my commercial property, would highly recommend and most definitely use them again!! 5*”
Where else can we help?
Helping Businesses Transfer their Commercial Lease Agreements
Our specialist Commercial Property Solicitors work closely with both landlords and tenants on the assignment of commercial leases. We understand that there are many reasons for transferring a lease, and we are committed to ensuring the process is seamless and stress-free. By thoroughly assessing your unique circumstances, we apply our expertise to facilitate a smooth and efficient lease transfer.
Some lease agreements contain restrictions on assignment, often detailed within the ‘alienation clause.’ These clauses outline the conditions under which a lease can be transferred. Landlords often include such clauses to retain control over who occupies their premises. Our experienced solicitors can help you interpret these clauses, provide practical advice, and, where necessary, negotiate a resolution that satisfies all parties.
In addition to the advice from our Commercial Property Solicitors, you may also find these websites useful:
Common hurdles with Lease Transfers
For tenants, obtaining your landlord’s consent is a key step in the assignment process. If you have identified a prospective tenant to take over your lease, it is important to consider their suitability for the premises. For example, a landlord may reject an assignment if the new tenant’s business significantly differs from the existing use, such as assigning an office lease to a builder’s merchant.
Landlords may also refuse an assignment for reasons such as the new tenant’s financial viability or lack of references. In such cases, our solicitors can provide clear guidance on how to proceed and explore potential solutions to overcome these challenges.
If your landlord consents to the assignment, there may be conditions attached, but this is often a preferable alternative to invoking a break clause. Lease assignments are typically the most practical option, and our legal experts are here to guide you through the process, ensuring you fully understand your rights and the available pathways.
