Park Steele has many years of combined experience in negotiating commercial leases which broadly fall into two categories; those which fall within the Landlord and Tenant Act 1954, Part 2 and those that are ‘opted out’. In the first instance, if you are unsure which type of lease you have and what your obligations are, we can help.
There are important legal distinctions between the two which affect various matters including security of tenure. Park Steele can advise with regard to proposed or existing leases.
There is a specific legal framework associated with rent reviews and provision for dealing with any disputes that arise. Poorly conducted rent reviews can lead to financial loss or stalemate in agreeing new rents. Park Steele can assist at any point of the process but ideally speak to Iain before a review is due to ensure the relevant legislation is complied with, avoiding later complications.