Commercial Lease Review

A commercial lease review is a thorough assessment of the lease agreement to confirm that the terms are equitable and beneficial for the tenant. This review covers various aspects such as rent, outgoings, maintenance duties, lease length, and renewal provisions.

A legal professional can spot potential risks and hidden clauses that may be missed by someone without legal expertise. They ensure the lease terms are fair, legally compliant, and protect your business interests, helping you avoid expensive disputes down the line.

During the review process, our legal team will meticulously analyse your lease agreement in several stages. First, we conduct an initial assessment to identify any obvious issues. Next, we perform a detailed examination of all clauses, focusing on rent, outgoings, maintenance responsibilities, lease duration, and renewal options.  

We then identify any problematic terms or potential risks, providing a comprehensive report with clear recommendations. Finally, we offer personalised advice on negotiating better terms with the landlord, ensuring you are well-prepared for discussions.

The duration of a commercial lease review can vary based on the lease’s complexity. Generally, it takes between 3 to 7 business days to complete a review and provide feedback.

Common issues often involve unfavourable rent escalation clauses, one-way clauses, excessive maintenance obligations, unclear renewal terms, and restrictive use clauses to name a few. Our team identifies these issues and recommends modifications to better protect your interests.

The cost of a commercial lease review depends on the lease’s length and complexity. At Progressive Legal, we provide transparent pricing and a detailed quote before starting any work. Our aim is to offer competitive rates while delivering a thorough and high-quality service.