Business Lease Advice

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Term
(Period of duration of Lease)

This can either be for a fixed term or can be subject to the possibility of early termination which may be more important than you currently anticipate. Even if you sell the lease before it comes to an end you may find that the obligations on the part of the tenant including payment of rent, repairs, decoration and compliance with statutory requirements remain.

There are ways to limit future liabilities and to provide for early termination of a lease. If you require further advice please contact us for a free initial legal consultation.