Commercial Property
At P.A. Duffy & Co., we understand that the leasing of commercial property can be stressful and present many challenges. We can help reduce this stress by offering our specialised legal advice.
About Service
Commercial Property
At P.A. Duffy and Co., our commercial solicitors aim to make the process of dealing with commercial property as straightforward as possible.
What are Leases of Commercial Property?
A commercial lease is a legally binding contract which is formed between a business tenant (lessee) and a landlord (lessor) subject to a set of terms agreed. Often these are initially agreed as what is commonly known as ‘Heads of Terms’ and those ‘Heads’ are later incorporated into the lease. The ‘Heads of Terms’ are important as they determine matters such as the rent payable, the usage allowed, the term of the lease, rent review and rights granted to the Tenant or rights reserved by the Landlord over the Property.
The leasing of Commercial Property is also governed by a piece of legislation known as the Business Tenancies (NI) Order 1996 – it is essential that this legislation is considered and advised upon when entering into a commercial lease.
Commercial lease agreements are commonly made in relation to:
- Retail Units/Shops
- Warehousing
- Workshops
- Factories
- Yards
- Pubs & Restaurants
FAQs
FAQs
At P.A. Duffy Solicitors our expert solicitors understand the significant financial commitment attached to commercial leases therefore it is important to undertake the correct legal procedures when drafting a commercial lease. By seeking expert legal advice, both parties can be rest assured that they are receiving a fair settlement.
Our solicitors can also execute tailor-made solutions to leases for various clients. Once you have made your enquiry to P.A. Duffy & Co., our specialised Commercial Leasing Solicitors will reach out to you, to provide their expert advice. We will tailor our services to you, whether you are a landlord or tenant, we will evaluate your case and discuss your requirements to ensure that you achieve the best legal outcome for yourself and your business.
Our Commercial Property Team
P.A. Duffy & Co
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