Surbhi Vedhara, Managing Partner at Sweeney Miller Law has featured in the latest issue of Northern Insight magazine giving her top tips for commercial landlords and tenants on getting the best out of their lease renewal.
In the article titled ‘Commercial Lease Renewals: Speak Now or Forever Hold Your Lease’ Surbhi walks landlords and tenants through the key considerations they need to understand when it comes to the renewal process, including:
- Understanding the Landlord and Tenant Act
- The specifics of the renewal process
- The importance of timing it right
- Why to involve legal experts in the process from the start
Commenting on lease renewals, Surbhi said: “At Sweeney Miller Law, our Commercial Property team regularly helps both commercial landlords and tenants as lease renewals come up. We can advise on whether the existing lease falls under the Act, draft and serve Section 25 and 26 Notices, and advise on any legal action should the renewal be contested. Our Commercial Dispute Resolution team is also best placed to robustly assist with any litigation issues that arise when renewals become contested.
Each lease is different and we aim to ensure that our clients get the best possible outcome during the negotiations based on their circumstances and existing lease conditions. The team works with large established commercial clients, through to fledgling businesses that may have never dealt with a renewal before.”
If you are a landlord or tenant coming towards the end of your commercial lease term and want advice from a team of experienced and pragmatic commercial property lawyers, get in touch today, call 0345 900 5401 or email email@example.com.
Read Surbhi’s article in full here.