Having the right Lease in place can make a big difference to the value and tenure of your business or property investment.
We assist both Landlords and Tenants with leasing matters in a wide range of industries, including commercial offices, industrial and other commercial properties, shopping centres and retail shops.
A good Lease is a great investment
A Commercial or Retail Lease is an agreement that binds parties for usually 3-5 years and often includes personal guarantees.
Rent under a Lease is usually the biggest expenses of a business after wages. For a property owner, rent is the key source of investment revenue and they face significant loss if rent can not be recovered.
When disputes arise or rent goes unpaid, the situation needs to be addressed swiftly and resolved to reduce losses to Landlords and/or protect business value for Tenants.
As such, it is important that both Tenants and Landlords fully understand their rights and obligations under the Leases they enter into and that the terms of the Leases are appropriate for their individual circumstances.