Renewing your commercial property lease - In a nutshell

In this In a nutshell video, Tim Wadsworth from Space discusses why you should plan your lease renewal early.

Tim explains what could happen if you leave it too late and gives tips on what you should do to renew your commercial property lease. “Ideally you should start making plans eighteen months before your lease expires.

Business tenants normally don't have the right to renew the tenancy of their business premises when it comes to an end. In this case your landlord can ask you to leave.

So what should you do?

Firstly, start early. Research the current market to benchmark rates and identify what other opportunities are available.”

To find out more you can contact Tim by phone on 01392 256412 or by email at tim@spacespace.co.uk

You can find more of the In a nutshell videos on our YouTube channel http://www.youtube.com/user/BEInaNutshell