Business leases: renewing and ending

Introduction

Guide

A business lease or commercial lease is a form of legally binding contract made between a business tenant and a landlord. The business lease gives you the right to use the property for commercial purposes for the duration of the contract. Commercial 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 business lease, business tenant's rights to end a tenancy and landlords' rights to ending a business lease early.

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