The Code for Leasing Business Premises in England and Wales 2007 is the result of collaboration between commercial property professionals and industry bodies representing both owners (Landlords) and occupiers (Tenants).
The Code aims to promote fairness in commercial leases, and recognises a need to increase awareness of property issues, especially among small businesses, ensuring that occupiers [...]
As a tenant this is not always as easy as you may think. A lease is a legal contract, and your landlord can take you to court if you break it. But depending on the circumstances, your landlord may be prepared to negotiate a compromise.
Surrender, Assignment or Underlease
There are two ways to get out of a [...]
Many of the most successful entrepreneurs set up their business from home. However, for most successful businesses there comes a time when working from the spare bedroom is no longer viable and separate premises have to be found.
Finding commercial property can be tough, and most businesses these days choose to rent out space rather than [...]