{"id":1478,"date":"2019-08-22T08:12:25","date_gmt":"2019-08-22T08:12:25","guid":{"rendered":"https:\/\/wembleysolicitors.com\/blog\/?p=1478"},"modified":"2019-08-19T08:35:23","modified_gmt":"2019-08-19T08:35:23","slug":"a-guide-to-sign-a-commercial-lease-for-a-small-business","status":"publish","type":"post","link":"https:\/\/wembleysolicitors.com\/blog\/a-guide-to-sign-a-commercial-lease-for-a-small-business\/","title":{"rendered":"A GUIDE TO SIGN A COMMERCIAL LEASE FOR A SMALL BUSINESS"},"content":{"rendered":"<p>Are you finally ready to lease your\u00a0own business but skeptical to sign the contract?<\/p>\n<p>Read on to find out what you should do:<!--more--><\/p>\n<p><strong><b>Hire A Lawyer:<\/b><\/strong><\/p>\n<p>Employ a lawyer as they can get you the best deal. Lawyers have detailed knowledge of commercial properties and can negotiate terms on your behalf.<\/p>\n<p><strong><b>Check The Property&#8217;s Commercial Classification:<\/b><\/strong><\/p>\n<p>Commercial properties have certain categories that specify what kind of business can be run on it.<\/p>\n<p>Before renting out, you must make sure your business is authorized to be run on that\u00a0premises.<\/p>\n<p>If you find the perfect premises, but it&#8217;s not the right classification for your business, you can request your local authorities to change the classification.<\/p>\n<p><strong><b>The Lease Length:<\/b><\/strong><\/p>\n<p>When signing the contract, make sure to look at the duration of the lease. For most cases it is 5-10 years.<\/p>\n<p>If you feel this is too much for a small business like yours, negotiate a few things with your landlord.<\/p>\n<p><strong><b>A break clause:<\/b><\/strong><\/p>\n<p>This allows you or your landlord to end the lease early on agreed conditions.<\/p>\n<p><strong><b>Ability to sublease:<\/b><\/strong><\/p>\n<p>This allows you to sublease the property to another business, if you no longer need it.<\/p>\n<p><strong><b>Payment Conditions:<\/b><\/strong><\/p>\n<p>Most businesses are asked to provide a rent guarantee.<\/p>\n<p>Usually financial accounts suffice, but some landlords may ask for a cash deposit.<\/p>\n<p>Payment Conditions:<\/p>\n<p>Make sure to understand and mutually agree upon the payment conditions of your rent with the landlord.<\/p>\n<p>To get expert support when getting a commercial lease<\/p>\n<p>CONTACT <a href=\"https:\/\/wembleysolicitors.com\">WEMBLEY SOLICITORS<\/a><\/p>\n<p>www.wembleysolicitors.com<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1479\" src=\"https:\/\/wembleysolicitors.com\/blog\/wp-content\/uploads\/2019\/08\/Manager_wembleysolicitors_2nd126049.png\" alt=\"\" width=\"1600\" height=\"8500\" srcset=\"https:\/\/wembleysolicitors.com\/blog\/wp-content\/uploads\/2019\/08\/Manager_wembleysolicitors_2nd126049.png 1600w, https:\/\/wembleysolicitors.com\/blog\/wp-content\/uploads\/2019\/08\/Manager_wembleysolicitors_2nd126049-768x4080.png 768w, https:\/\/wembleysolicitors.com\/blog\/wp-content\/uploads\/2019\/08\/Manager_wembleysolicitors_2nd126049-193x1024.png 193w\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\" \/><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Are you finally ready to lease your\u00a0own business but skeptical to sign the contract? Read on to find out what you should do:<\/p>\n","protected":false},"author":1,"featured_media":1480,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-1478","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>A GUIDE TO SIGN A COMMERCIAL LEASE FOR A SMALL BUSINESS - Wembley Solicitors (Law Firm in London)<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wembleysolicitors.com\/blog\/a-guide-to-sign-a-commercial-lease-for-a-small-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A GUIDE TO SIGN A COMMERCIAL LEASE FOR A SMALL BUSINESS - Wembley Solicitors (Law Firm in London)\" \/>\n<meta property=\"og:description\" content=\"Are you finally ready to lease your\u00a0own business but skeptical to sign the contract? Read on to find out what you should do:\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wembleysolicitors.com\/blog\/a-guide-to-sign-a-commercial-lease-for-a-small-business\/\" \/>\n<meta property=\"og:site_name\" content=\"Wembley Solicitors (Law Firm in London)\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/wembleysolicitors\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-22T08:12:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wembleysolicitors.com\/blog\/wp-content\/uploads\/2019\/08\/Untitled-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"728\" \/>\n\t<meta property=\"og:image:height\" content=\"612\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Muhammad Khalid Khokhar\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@KhalidWakalat\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Muhammad Khalid Khokhar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/wembleysolicitors.com\\\/blog\\\/a-guide-to-sign-a-commercial-lease-for-a-small-business\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/wembleysolicitors.com\\\/blog\\\/a-guide-to-sign-a-commercial-lease-for-a-small-business\\\/\"},\"author\":{\"name\":\"Muhammad Khalid Khokhar\",\"@id\":\"https:\\\/\\\/wembleysolicitors.com\\\/blog\\\/#\\\/schema\\\/person\\\/06d718bc9ed175ecb978b835938aeb4f\"},\"headline\":\"A GUIDE TO SIGN A COMMERCIAL LEASE FOR A SMALL BUSINESS\",\"datePublished\":\"2019-08-22T08:12:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/wembleysolicitors.com\\\/blog\\\/a-guide-to-sign-a-commercial-lease-for-a-small-business\\\/\"},\"wordCount\":267,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/wembleysolicitors.com\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/wembleysolicitors.com\\\/blog\\\/a-guide-to-sign-a-commercial-lease-for-a-small-business\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/wembleysolicitors.com\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/Untitled-1.png\",\"articleSection\":[\"blog\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/wembleysolicitors.com\\\/blog\\\/a-guide-to-sign-a-commercial-lease-for-a-small-business\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/wembleysolicitors.com\\\/blog\\\/a-guide-to-sign-a-commercial-lease-for-a-small-business\\\/\",\"url\":\"https:\\\/\\\/wembleysolicitors.com\\\/blog\\\/a-guide-to-sign-a-commercial-lease-for-a-small-business\\\/\",\"name\":\"A GUIDE TO SIGN A COMMERCIAL LEASE FOR A SMALL BUSINESS - 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