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    Commercial Leases

    The 1954 Act, rent reviews, break clauses, forfeiture and arrears.

    17 guides
    1

    Commercial Leases: A Plain-English Landlord Guide

    The parts of a commercial lease that matter to a landlord: term, rent and reviews, repairs, break clauses, alienation, use and security of tenure.

    2

    FRI vs IRI Leases: Which Protects the Landlord?

    FRI vs IRI leases: who repairs what, why the rent differs, the role of a schedule of condition, and which structure protects the landlord.

    3

    Lease Renewal Under the Landlord and Tenant Act 1954

    Security of tenure under the 1954 Act: how renewal works, section 25 and 26 notices, the grounds to oppose, compensation, and interim rent.

    4

    Contracting Out of the 1954 Act: A Landlord Guide

    How to contract out of the 1954 Act: the warning notice, the tenant declaration or statutory declaration, the 14-day timing, and why getting it wrong is costly.

    5

    Section 25 Notice: How a Landlord Serves It

    The Section 25 notice explained: what it does, the 6 to 12 month timing, friendly vs hostile notices, and why the form and dates must be exact.

    6

    Section 26 Notice: Responding as a Landlord

    How to respond to a tenant Section 26 notice: the two-month counter-notice deadline, the grounds to oppose, and what happens if you miss it.

    7

    Grounds to Oppose a Lease Renewal (Section 30)

    The 1954 Act grounds to oppose renewal: redevelopment (f), own occupation (g), tenant-fault grounds, the compensation payable, and proving your intention.

    8

    Commercial Rent Reviews: How They Work

    Commercial rent reviews: open-market upward-only, index-linked, stepped and turnover rents, where the upward-only ban stands, and how a review is run.

    9

    Break Clauses in Commercial Leases

    How commercial break clauses work: conditions such as vacant possession and rent paid, the strict service rules, and why a small slip can invalidate a break.

    10

    Forfeiture of a Commercial Lease

    How forfeiture works: peaceable re-entry for rent, the section 146 notice for other breaches, the waiver trap, and relief from forfeiture.

    11

    Commercial Rent Arrears Recovery (CRAR)

    How CRAR works: the conditions, the certificated agent, the 14-day Notice of Enforcement from May 2026, and why using CRAR waives your right to forfeit.

    12

    Assignment, Subletting and AGAs

    How assignment and subletting work, the reasonable-consent rule, and Authorised Guarantee Agreements under the 1995 Act that keep an outgoing tenant liable.

    13

    Heads of Terms: What a Commercial Landlord Must Agree

    What a commercial landlord should agree in heads of terms: term, break, rent and reviews, repairs, alienation, use, 1954 Act status and service charge.

    14

    Licences vs Leases in Commercial Property

    Lease vs licence in commercial property: the exclusive-possession test, why substance beats the label, when a licence genuinely fits, and the 1954 Act angle.

    15

    Tenancy at Will: Uses and Risks

    What a tenancy at will is, its use as a bridge while a lease is negotiated, and the risk of it becoming a protected periodic tenancy if it runs on.

    16

    Turnover Rents in Commercial Leases

    How turnover rents link rent to a tenant's sales, where they are used, the trade-offs for landlord and tenant, and why the definition of turnover matters.

    17

    VAT on Commercial Rents: When Tenants Pay 20%

    When a commercial tenant pays VAT on rent: exempt by default, 20% if the landlord has opted to tax, who can recover it, and the lettability angle.