If a business is in the process of choosing new premises, it means it is about to take a leap into a new place. Whether that’s its first step, taking on a second office, or a landlord buying up a new flat block, it’s a time of excitement and expansion.
It’s this kind of excitement that entrepreneurs thrive on. Business owners are a rare breed: they are typically risk-takers who are willing to fail in order to succeed and step outside their comfort zone to live their passion. They accept that they aren’t going to have a ‘normal’ 9-5 working life, have the security of a long-term desk job or the benefits of a regular wage. And while they are often inspired creators who excel at what they do, the average entrepreneur won’t have the legal knowledge required to successfully negotiate and secure a building lease. The services of a commercial lease solicitor in London are needed to make sure the complex and intricate details of the contract are in place, securing the future of the business for years to come.
For a commercial lease solicitor in London to do their job most effectively, they actually need to be included in the process at an early stage. If they are bought on board at the final hour just to layout the legal contract, the business owner is going to have missed out on a wealth of expertise they could have otherwise have benefited from.
The type and size of a property and what it’s used for is relevant to what type of lease is negotiated. Having a conversation with a commercial lease solicitor in London before even setting foot on a factory floor can save an entrepreneur a lot of wasted time looking at premises that turn out to be unsuitable, or difficult to negotiate workable terms for.
Buying land is also notoriously complex, and a commercial lease solicitor in London can help the new land owner to understand the myriads laws and regulations governing its use.
An experienced commercial lease solicitor in London is a prized associate who, if they do their job right, will add a tremendous amount of value to any business.