There are a lot of regulations and statutes that govern commercial rentals, but even more that await the business landlord. As such, it is especially important that commercial property owners enlist the professional assistance of a business solicitor to help manage the whole leasing process from start to finish. This can help avoid losses, prevent disputes from occurring, and even help to maximise revenue and profits from rentals.
Preparing a property to put up for lease is a challenge in itself. There are numerous building regulations, health and safety regulations, and business property regulations that must be met. Your business solicitor can inform you of these requirements and help ensure that they are met. If you ignore or miss any of these before putting the property up for rental, you may find that you have to make expensive changes later, and this not only means additional and unexpected costs, but it means that your property may have to sit idle for longer while the regulations are met, changes are checked, and the property is properly prepared.
Your business solicitor will draw up a draft tenancy agreement or lease agreement. For commercial property, these agreements can stretch to 50 pages or more, and the other party will almost certainly have some terms and amendments of their own. By instructing a solicitor that specialises in this area of business law, you can be sure that the changes are made quickly and properly so that you can start collecting fees sooner.
Your solicitor will also be able to deal with any contract or tenancy disputes that arise throughout the life of a tenancy. No matter how carefully the tenancy agreement is drafted, there is still the potential for dispute at a later date. Agreements are so lengthy, because both parties want to avoid dispute, but if there is disagreement between the two parties, it is your solicitor that will help resolve these problems.
There are many potential uses for a business solicitor, and commercial or business leases are one area where they are definitely worth the investment. Leasing without a solicitor could certainly cost you more than you hope to save.
What To Do Now?
No matter what your legal problem or at what stage it is, there is never a better time to call Haworth & Lees Solicitors than right now.
Our team of dedicated and highly professional Solicitors are always available for you. You will not have to deal with a paralegal or a legal case worker as your point of contact will be with a qualified and experienced Solicitor who will know the details and progress of your case.
Haworth & Lees Solicitors are a well established and highly respected firm of Solicitors in Tameside and Cheshire and offer that personal and local service that is always appreciated by our clients.
Getting in contact with Haworth & Lees could not be simpler. You can call on 0161 660 2923 or click here to send a confidential email.
We look forward to hearing from you.