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Lease Transfers
Tenants of commercial premises who want to transfer or assign their lease, will have to obtain their landlords’ consent before any transfer can take place.
An assignment of a lease can only work if your landlord agrees with your intention to transfer the lease to someone else.
However, an assignment of a lease is not always permitted. In some cases, a landlord may refuse for various reasons or may not agree to have the property used in certain ways.
Lease transfers can often seem like a daunting proposition, but at Blackstone Solicitors we have the experience and know-how to make the process as stress-free and time-efficient as possible. We understand such transactions can appear complex, which is why our commercial conveyancing solicitors are here to guide you through the process.
If you would like to find out more about how we can help, simply give us a call on 0345 901 0445, or complete our online enquiry form and a member of the team will get back to you. We are passionate about every case we take on, so you can rest assured we will do all we can to make what might seem difficult, simple.
“Great work by the team, from Lease renewals, New Leases and the speedy reaction to Lease Breaks.”
– Kam
How we can help
Our team is well versed in dealing with all the various aspects of commercial conveyancing, and we are here to help in any way we can. For instance, our expertise can help you get the best outcome if:
- You want to enter into a commercial mortgage
- You wish to transfer interests in a commercial property
- You want to draw up a lease agreement
The process
There are a number of instances where you might want to transfer a commercial lease. Often, this will be when you buy or sell a business that is operating from premises that are leased. There are also times when you will need to transfer the lease which are not related to the sale or purchase of the business.
If the lease does not contain any written restriction upon transfer or assignment, then you may be able to transfer it to a new tenant. In most cases, leases are transferrable with the consent of the landlord. However, some leases contain a prohibition on assignment or sub-letting, so it is important to review the relevant provisions carefully.
Laws relating to the assignment of business leases can sometimes be complex.
However, we are here to make the experience as hassle free as possible for our clients. We will do the hard work so that you don’t have to, and we will keep you constantly updated on everything as we go. Various important, yet complex tasks must be carried out as part of the assignment process, so it is important you have the right legal assistance to guide you through.
There are many issues involved in the commercial conveyancing process, and examples of some of those we can help with include:
- Commercial mortgages
- Buying or selling business premises
- Remortgaging business premises
- Planning and development
- Lease transfers
Get in touch
It really couldn’t be easier to get in touch with our friendly team and discuss your situation. Simply give us a call on 0345 901 0445, or, if it is easier for you, fill in our online enquiry form and allow a member of the team to contact you. Our team is located in Manchester and we have a second office in London, and we help people throughout the Chester and Cheshire areas, as well as across the UK.