Commercial Lease Solicitors Greenwich

We offer helpful commercial lease services to
both buyers and sellers

Contact our Team

Commercial Lease Services

Our Commercial Lease Fees | Commercial Lease FAQs

When your company needs a space to conduct business, signing a commercial lease is the next big step. These legally binding contracts typically used for office, retail, or industrial space offer secure usage of property. From single proprietors with small start-ups to global companies in competitive industries, a quality commercial leasing arrangement provides stability and security
while enabling tenants’ needs at every stage of their journey. Indeed, these leases are tailored
to address more specific conditions than residential agreements, such as maintenance
requirements for both parties.

The term of the lease can vary from a few months to several years, and the tenant typically pays
rent to the landlord in exchange for the use of the property.

Beyond just paying a flat fee for rent, commercial leases come in many flavours. For instance, a
net lease requires tenants to chip in with taxes and insurance on top of their rental obligation,
while double-net means they pay those fees plus the cost of maintenance. These terms are typically standard arrangements, but they can be customized to fit the needs of the tenant and landlord.

How can Freeman Harris help you with commercial leases?

A commercial lease is a substantial investment for landlords and tenants, it is therefore important to get specialized guidance in order to secure a beneficial agreement that works for everyone.

Our team can assist you in the negotiation and drafting of your lease. We will be there with you
every step of the way until you reach a final agreement.

Please contact us on 0207 790 7311 or email contact@freemanharris.co.uk to discuss a commercial lease.

Our Legal Team

Kam McCauley

Kam Solicitor

Kam deals with all commercial lease matters, and has developed a strong expertise in such matters. She would be your first point of contact on such matters.

Ian Freeman

Ian is the Managing Director of Freeman Harris and is a keen property investor, which is why he understands conveyancing of all types.

Talha Fazlani

Talha has been working as a Litigator. He has a deep understanding of commercial matters including commercial leases.

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Common Commercial Lease Questions

Can a tenant sell the commercial lease?

Tenants cannot exactly sell their commercial lease, however, an unexpected event can sometime require businesses to leave their current residences or workspaces. In this case the original tenants can transfer all of their rights and responsibilities under the lease agreement by completing an Assignment of Lease.

Consequently, they are freeing themselves from any further obligations while still ensuring that someone else takes up residence in the property. Thanks to this process, individuals with a sudden need for relocation do not have to worry about having signed long-term leases.

However, keep in mind that your landlord has a wide range of discretion when assessing any proposed transfers.

In addition, original tenants have the potential to generate income without having to move out. If the lease agreement does not restrict it, they can consider subleasing their commercial space. If you decide to sublease, the responsibility of payment would nevertheless still lie within you- so make sure that any new tenant agrees to all terms set by your landlord!

Do I have to pay stamp duty on a commercial lease?

Commercial leases do carry a hidden tax cost: Stamp Duty Land Tax (SDLT).

Paying SDLT within a period of thirty days after the commencement of your lease is essential to avoid any interest or additional charges. Moreover, if you plan on changing your agreement in any way, such as renewing it, further SDLT payment may be required.

As the responsibility for this tax lies solely within you (landlords have no duty in this area), when it comes to minimizing SDLT payments, having an experienced barrister on your side can save
you both time and money.

Do I need to hire a solicitor for my commercial property transaction?

Choosing your next commercial property can be a big decision for business owners. While hiring a solicitor is not mandatory, it is extremely advisable.

Commercial property law is complicated and bears high financial risks, it is therefore essential to work alongside an experienced legal advisor that can protect your business from unfavourable contracts or costly liability, making sure your investment comes with peace of mind.

What our clients' say

Salma Butt as been an amazing solicitor, she has been very kind, helpful and really effective. Before I met her I was really lost and thought that my case will never get sorted or will take a really long time to get completed. I was very discouraged but after my first meeting with her she gave me hope again and she managed to complete my case smoothly and in no time.

Conveyancing Fees

Service	Fees	VAT	Total
Purchasing a Property	From £750	£150	From £900
Selling a Property	From £650	£130	From £780

Commercial Lease Solicitors Greenwich

We offer helpful commercial lease services to
both buyers and sellers

Contact our Team