Moorcrofts Means Business

Renting business premises – what to expect from the legal process

Moorcrofts Season 4 Episode 2

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0:00 | 12:54

Welcome to Series 4, Episode 2 of the Moorcrofts Means Business Podcast!

In this episode, Julia Ferguson, Partner and Head of Commercial Property at Moorcrofts, is joined by Sharan Uppal, Associate in the Commercial Property team, to discuss the legal process of acquiring commercial premises.

They explore what happens after heads of terms are agreed, why the process can take longer than many tenants expect, and the key legal and practical issues businesses should be aware of when entering into a commercial lease for the first time or even the second.

They cover:

  • What happens after the heads of terms are agreed
  • Key issues to consider
    • Repairing obligations, surveys and schedules of condition
    • Fit-out works
  • What else is involved when negotiating a commercial lease
    • Title investigations
    • CPSE enquiries and searches
  • Timing
  • Post completion requirements

For more information, read our article on 'what to expect when renting commercial premises the legal process explain'.

Tune in to gain a clear understanding of the commercial leasing process, avoid common pitfalls and learn how early legal advice can help protect your business and manage costs effectively.