Business Leases
Many people underestimate how important it is to take proper legal advice when negotiating and signing a business lease.
If you are starting a new venture or moving into larger premises as your business grows you may be required to take a lease for a term of years.
We at Farnworth Rose have many years of experience in helping you negotiate heads of terms with the landlord or the tenant to make sure you sign the lease appropriate for your business.
If you are starting a new business you may wish to terminate the lease early if things aren't going to plan. Or if you are the landlord you may want to make sure that the tenant looks after the property during the term.
We can draft the right kind of lease for all your requirements and ensure as many eventualities are covered in the document as possible to prevent a dispute arising with any of the parties during the term.
It is important to understand if you sign a 7 year lease at an annual rental of £25,000 you are signing a £175,000 contract. Surely you should be taking proper legal advice before committing yourself to this?
Contact Richard Farnworth at Farnworth Rose who has over 25 years experience in dealing with business leases who will give you sensible advice in plain English.

