Renewing a business tenancy
Saracens has a great deal of experience in acting for business tenants as well as landlords who are seeking to either terminate or extend a lease / business tenancy.
If a landlord seeks to terminate a tenancy agreement, he must serve a notice of termination on the tenant in a prescribed form and within certain time limits. A tenant wishing to continue the tenancy must make an application to the court. If the application to court is not made in time, the tenant may lose the right to apply for a new tenancy.
Whether acting for a tenant or landlord, we are mindful of this crucial time limit (as well as others) when negotiating a new lease. If an agreement cannot be reached, the parties may need to apply to court to settle the issues. Saracens will work closely with you and your surveyors to negotiate the areas in which dispute has arisen.
We are experienced in providing pragmatic and commercially focused advice to landlords and tenants relating to all issues concerning business tenancies as well as contested applications heard at court.
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