Break Clauses
Flexibility is crucial for both landlords and tenants in commercial leases. Break clauses offer a way to end a tenancy agreement before its expiration if needed due to unpredictable life and business circumstances.
Our Commercial Property Solicitors provide expert advice on break clauses, ensuring you negotiate the best terms for your business. We offer a diverse, multi-lingual team equipped with the latest technology to deliver effective legal advice and representation.
What is a Break Clause?
A break clause in a commercial lease allows either the landlord, the tenant, or both to terminate the lease early. Typically included in leases lasting five to seven years, break clauses are crucial for reducing risk. Solicitors play a vital role in negotiating and drafting these clauses to ensure they meet your business needs and prevent any unwelcome surprises.
Conditions Attached to a Break Clause
Break clauses often have specific conditions, such as:
- Payment of all rents and other dues
- Fulfilment of lease covenants
- No major breaches of repair obligations
- Vacating the premises
- Landlord’s intent to redevelop the property
The Royal Institution of Chartered Surveyors (RICS) recommends minimal conditions: payment of basic rent and vacancy of premises without subtenants.
Why Choose Us?
Whether for warehouse, retail, manufacturing, or office space, break clauses provide essential flexibility. Our solicitors ensure that proposed break clauses comply with relevant guidance and assist you in exercising these clauses effectively. We provide a comprehensive service, available by phone and email, and can also advise on other commercial matters such as contracts and dispute resolution.
Our team has the experience and resources to meticulously handle every aspect of your commercial lease agreement. As businesspeople ourselves, we understand the need for commercial reality in all decisions. Our focus is on achieving swift, cost-effective results to support your organization’s growth.
For expert advice on break clauses, please using the form below.
Smalleys Solicitors provides exceptional Break Clauses and Commercial Property services to clients. People choose and recommend us not just in Nottingham, Arnold, Hucknall, Derby and Mansfield, but across Nottinghamshire, Derbyshire, Leicestershire & the East Midlands, and the whole of the UK, because we get results.
To receive expert advice and representation regarding Break Clauses and Commercial Property, please contact us using the form below, call us on (0115) 955 6555, email via the Request a Callback form on this contact page.