With the London commercial property market now improving and rents rising, many tenants are eager to agree an early transaction with their landlords. If you are trying to find an office in London, this is a wise tactic which we recommend to all our clients.
A tenant should take particular note of whether their lease is inside or outside the Landlord and Tenant Act 1954. When a lease is subject to the Landlord and Tenant Act of 1954, tenants should be aware of the significance of notices they may receive from their landlords.
Equally there are potential benefits for tenants who take action themselves by serving notices in accordance with the Act. We can advise you on all aspects of this so that, as tenants, you are in the most favourable to position to act in your best interest.