Monday, June 5, 2017 15:53

Commercial Leases a Guide

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Aaen Peach provides a full range of advice in this area including:

 

    • Leases for Tenants and Landlords

    • Lease Appraisals

    • Sub Leasing

    • Termination of Rents

    • Rent Reviews

    • Assignations

    • Back letters & Agreements

Commercial Leases commercial leases commercial leases Commercial Leases commercial leases commercial leases Commercial Leases

 

10 Things you must consider …

  1. * Price – how much do you have to pay and when; what’s included?
  2. * Duration – how long does the lease last?
  3. * Use – check that you can use the property for your intended purpose.
  4. * Rates – do you know how much you will pay and the exemptions available?
  5. * Repairs & Insurance – is the tenant or landlord responsible for this?
  6. * Rent Review – is there one and what might this cost?
  7. * Survey – consider instructing one to prevent future costs.
  8. * Break Clause – is there flexibility for you if you wish to end the lease early?
  9. * Termination – how does the lease end and are you entitled to a new lease?
  10. * Sublet – can you sublet all or any of the space should you wish to?

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Commercial Leases A Guide

We consider that we are are more than qualified to help, not just because we have the paper qualifications but we have and continue to also grow or our own business. We have a track record for clients of providing results when other cannot.

No matter whether your are seeking a second opinion, advice on a new or existing lease, or you wish to invest in buying a new property Aaen Peach can help. Do not expect the usual Lawyer client relationship, we offer far more… Aaen Peach want to to succeed and hopefully return time and time again as your business develops. Its also not about the price, we are sure that we can add value to your business and we hope that you will agree.

Always remember that when you sign up to a contract (lease) the details are never missed by those who would enforce them on you. Ensuring that you are protected but also that your business remains flexible to cope with the changes in the market is not easy but the ‘what if’ scenarios are best considered. You I am sure know your business but we have the wider knowledge of building and help building businesses across Scotland. We would also like to think that we can input value beyond the normal role of a lawyer.

 Commercial-Leasing

It’s All In The Detail

 

Yes, we are Scottish Solicitors and Notaries but our focus is on the service we provide to you the client, and the positive roll we take when dealing with the other parties to your work.

Whether you are looking for review of your lease or require an agreement to be drafted and recorded, we can help. You may not have noticed, but contracts abound in our day to day lives, and sometimes a little bit of help is needed when reading the small print – or for that matter when drawing up the small print!

Working closely and being referred by fellow professionals year on year does not happen by chance. Being referred to instruct Aaen Peach happens as a direct result of the hard work and commitment by ourselves and your other Professional Advisers and Agents. The market conditions and pressures dictate that we must all work closer together to ensure that any issues that arise are tackled and solutions found.

Our proactive and inclusive working methods are key to the continued service standards offered to all clients, business partners and introducers alike. By managing and capping the work loads, home visits, by providing direct dial telephone numbers and a personal service we are able to progress our clients interests and avoid the need for the all to common call center mentality. As Solicitors, the advice we provide dosn’t fit in a typical box and it doesn’t sit well being mass produced. Each and every client has their own questions, concerns, reasons and motivations. Our drive here at Aaen Peach is to undertake our clients’ negotiation and complete the contract or deed with our clients’ very own criteria and particular instructions.

Legal advice will always be a personal interaction. The law can be the more constant of the factors to consider but there will always be debate, differing point of view and individuals and firms eager to the challenge. Our job is to provide clarity to our clients’ questions; provide certainty in our advice; and provide protection in our deeds and contracts. With the help of our business partners Aaen Peach are in enviable position to draw on the best professionals from the fields of property, finance, taxation, welfare and health to secure our clients’ position.

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Before you commit to the property…

1. You should also check with the local council that there are no planning or environmental health rules, which may negatively affect how the premises can be used for trade. Obtaining permissions can take some time and approval may only happen at certain times in the year, so check with the authorities.

 

2. The lease will govern the practical issues that form the agreement between tenant and landlord. As in most legal matters, the devil is in the detail so when looking at price for example, you should also consider such matters as deposits payable, whether VAT is applicable, forms of payment and the regularity of this. With HBC Commercial, your appointed solicitor will make sure that these areas are addressed.

 

3. Look closely at business leases. Remember, they are not as easy to get out of as they are to get into, so look over its terms and always ask us if you have any questions. Generally new businesses lease property as large deposits are required to buy. Not many new businesses can therefore afford to buy premises; therefore keeping your business flexible in the early stages may be of importance.

 

4. Are there provisions for the landlord to re-value the lease or for the tenant to break from the lease? This is important to know, as you may require flexibility as to the duration of the lease and understand the consequences of any improvements you intend to make to the property.

 

5. Also for consideration are the costs of repairing and insuring the property – conditions that often fall to the tenant. Are service and maintenance charges included and does this include cleaning? Are any shared services such as parking, security, reception staff included? If not how much are these? Are utilities (gas electric, water, phone/communication lines, air conditioning) included?

 

6. You’ll also need advice on matters such as registration and recording of the lease, whether or not tax is payable and the implications of the length and overall value of the lease. With HBC Commercial, your appointed solicitor will guide you through this. After all, it’s what we do!

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Yes, we are Scottish Solicitors and Notaries but our focus is on the service we provide to you the client, and the positive roll we take when dealing with the o

ther parties to your work.

Whether you are looking for review of your lease or require an agreement to be drafted and recorded, we can help. You may not have noticed, but contracts abound in our day to day lives, and sometimes a little bit of help is needed when reading the small print – or for that matter when drawing up the small print!

Working closely and being referred by fellow professionals year on year does not happen by chance. Being referred to instruct Aaen Peach happens as a direct result of the hard work and commitment by ourselves and your other Professional Advisers and Agents. The market conditions and pressures dictate that we must all work closer together to ensure that any issues that arise are tackled and solutions found.

Our proactive and inclusive working methods are key to the continued service standards offered to all clients, business partners and introducers alike. By managing and capping the work loads, home visits, by providing direct dial telephone numbers and a personal service we are able to progress our clients interests and avoid the need for the all to common call center mentality. As Solicitors, the advice we provide dosn’t fit in a typical box and it doesn’t sit well being mass produced. Each and every client has their own questions, concerns, reasons and motivations. Our drive here at Aaen Peach is to undertake our clients’ negotiation and complete the contract or deed with our clients’ very own criteria and particular instructions.

Legal advice will always be a personal interaction. The law can be the more constant of the factors to consider but there will always be debate, differing point of view and individuals and firms eager to the challenge. Our job is to provide clarity to our clients’ questions; provide certainty in our advice; and provide protection in our deeds and contracts. With the help of our business partners Aaen Peach are in enviable position to draw on the best professionals from the fields of property, finance, taxation, welfare and health to secure our clients’ position.

Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide Scottish Commercial Leases a guide

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Scottish Commercial Leases A Guide
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