Our experienced fixed-fee commercial lease solicitors in London provide legal advice & help with all aspects of commercial lease matters on a fixed-fee basis.

Our London based property solicitors provide a wide range of services such as renewal or extension of commercial leases, negotiations, deed of variation, commercial sublease, dilapidations, and more.

Are you looking for a commercial property lease solicitor in the UK? Please contact our fixed-fee commercial lease solicitors in Wembley, London today.

No matter where your commercial property is, our commercial lease solicitors provide legal services regarding commercial leases throughout England and Wales.

Table of Contents

  1. What is a commercial property lease?
  2. What do commercial property solicitors do?
  3. What are the types of commercial leases?
  4. What are the costs involved in a commercial property lease?
  5. How much do solicitors charge for a commercial lease?
  6. Why choose Wembley Solicitors for a commercial lease agreement?
  7. Frequently Asked Questions (FAQs)
  8. Need Legal Advice & Assistance?

What is a commercial property lease?

A lease of commercial property is a type of legal agreement specifying all the terms and conditions under which a landlord let out a property to be used by a tenant.

By agreeing and signing the commercial lease agreement, the tenant will have permission to use the property for business activities and in return, the tenant needs to pay the money to the landlord in accordance with the terms of the agreement.

What do commercial property solicitors do?

Our team of commercial lease solicitors in Wembley, London deal with all legal aspects of buying and selling commercial properties.

Our commercial lease services include, but are not limited to:

What are the types of commercial leases?

The absolute net lease, triple net lease, modified gross lease, and full-service lease are the four most common types of commercial property lease.

  1. Absolute net lease
  2. Triple Net lease
  3. Modified Gross lease
  4. Full-service lease

Absolute net lease

Absolute net lease means the lessee/tenant will be responsible for all the commercial property related expenses in addition to the property rent. Landlord will not be responsible for anything.

Triple Net lease

A Triple Net lease is like an Absolute Net lease. The only difference is that in a Triple Net lease, the tenant may not pay for expenses directly. This means, the landlord pays some expenses in advance and at the end calendar or fiscal year, the tenant provides full reimbursement for those expenses.

Modified Gross lease

Modified Gross lease where landlords are responsible for most of the property operating expenses such as insurance, taxes, etc. while tenants bear some other expenses such as utility bills, interior maintenance, etc.

Full-service lease

A full-service lease is where landlords are responsible for everything including commercial property taxes, property insurance, utility bills, interior maintenance costs, and so on.

What are the costs involved in a commercial property lease?

There are 6 main costs & expenses you should consider carefully before entering into any commercial property lease agreement:

  1. Rent and service charges
  2. Any repair or alteration costs
  3. VAT on rent where the lessor/landlord is a VAT registered company
  4. Commercial property insurance costs
  5. A solicitor or surveyor's legal fees and disbursements
  6. Business rates

How much do solicitors charge for a commercial lease?

At Wembley Solicitors, we offer affordable commercial property lease related services on a fixed fee basis with no hidden costs or nasty financial surprises.

Our commercial lease solicitors charge a fixed fee from £1000-£1500 (Plus VAT) for complete legal services regarding the lease of your commercial property.

Why choose Wembley Solicitors for a commercial lease agreement?

  • We have extensive knowledge and experience in drafting and negotiating commercial leases
  • Our commercial lease solicitors provide legal services on a fixed fee basis without blowing your budget and with no hidden costs
  • We provide professional legal advice and assistance at every step and keep you updated as your matter progresses
  • We provide legal services remotely throughout England and Wales. You do not need to physically attend our office
  • We have a team of qualified and accredited solicitors
  • We are authorised and regulated by the Solicitors Regulation Authority (SRA), so you know you are in safe hands

We provide legal advice and services to both landlords and tenants. Call our property solicitor today at 020 3417 3700 for more information about the services.

Frequently Asked Questions

From beginning to end, a commercial property leasing process takes 4-8 weeks approximately. In some cases, it may take a little longer than usual.

Yes, commercial property leases are usually open to negotiation. As specialist commercial lease solicitors, we can assist with negotiating leases for landlords and tenants.

A Net lease is one of the most common types of commercial property leases where the tenant pays all or a portion of the property expenses in addition to the rent. Building insurance and maintenance costs are a few examples of property expenses.

It is highly recommended to use an experienced solicitor to deal with the complex formal process and to ensure your best interests are protected. However, using a solicitor for a commercial lease agreement is not a legal requirement.

Do you need legal advice or assistance with a commercial property lease? Our expert property solicitors are ready to help you. We're authorised and regulated by the Solicitors Regulation Authority (SRA), so you know you're in safe hands.

Contact our solicitor today to get legal advice and assistance with your legal matters.

You can call us on 02034173700 or leave your details here for a callback request regarding your legal matter.

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