Shop Lease Solicitors: Free Consultation
Shop Leases – Tenant Tips
Over the years, I’ve advised many a tenant looking to take on shop leases. So, I’ve decided to put together some pointers that I’ve found are of special importance. Make sure you consider them carefully before you sign on the dotted line.
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- Planning Consent – Change of Use
- Trading Hours
- Service Charges
- Security at the End of the Lease
- Newsagent Leases
Planning Permission and Licences: Pay close attention to exactly what you can and cannot do with the newsagent. You’ll need to make sure that you have planning consent that covers all the uses you envisage. Additionally, if you’re hoping to sell alcohol or lottery tickets, you will probably need a licence for this. You’ll need to carefully check the lease terms to make sure that there are no restrictions on what you want to do.
Residential Accommodation: It is common for a newsagent to be sold or leased including residential accommodation on the first floor up. The owners of the business might well choose to live there themselves in order to save on the cost of living elsewhere, or simply to be close to work (which is really handy for a job that demands long hours). Otherwise the owners might rent it out to staff or the general public. If there is residential accommodation, don’t assume you’ll be able to put whoever you want in there. Very often there are restrictions that need to be considered and possibly negotiated with the landlord.
Trading Hours: Some landlords are keen to restrict trading hours to avoid upsetting neighbours or residential tenants in a development, or simply because it makes management of the building/estate/shopping centre easier. Planning permissions may also restrict trading hours and need to be checked carefully. Running a newsagent is very different from having a clothes shop or an office. Flexible hours can be crucial.
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Send Our Commercial Property Law Team an Enquiry:
(or give us a call on 0151 227 3391)
Commercial Property Solicitors:
Commercial Lease Information:
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Negotiating Commercial Lease Terms
How to Negotiate a Rent Free Period
The Risks of Being a Guarantor on a Commercial Lease
How Can a Tenant Exit a Commercial Property Lease?
Stamp Duty on Commercial Property Leases
Is it Possible to End a Commercial Lease Early?
Commercial Property Conveyancing Solicitors
Evicting Squatters From Commercial Property
Commercial Property Solicitors: How We Can Help
We also have dedicated pages covering the following lease types:
Warehouses, Industrial Units, Dark Kitchens, Offices, Hair Salons, Clothes Shops, Restaurants, Surgeries, E-Cig Shops.
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