Commercial property leases: renewing and ending a tenancy

Introduction

Guide

A business or commercial property lease is a form of legally binding contract made between a business tenant and a landlord. The business lease gives the tenant the right to use the property for commercial purposes for the duration of the contract. Commercial property leases can be more complicated than residential leases as the terms are usually negotiable and vary greatly from lease to lease.

This guide is for current and prospective business tenants and landlords. It explains the tenant's right to renew a commercial property lease, the business tenant's rights to end a tenancy and landlord's rights to end a commercial property lease early.

It also explains about paying rent and rent reviews and gives further information about specialist organisations you can contact and what tenancy forms you might need.