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How to Rent Out My Commercial Property

If you are considering renting out your commercial property, you must first think about all the buy to let legalities and the regulations you’ll need to adhere to as a commercial property landlord, in order to protect yourself, the tenants and the public.

Apart from the relevant legislation, many of the most crucial aspects of the relationship between the tenant and landlord are contained in a written tenancy or lease agreement.

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Letting documents & agreements

When you rent out a commercial property you must decide what you want to do and what you will allow the tenant to do. By instructing an experienced solicitor they can advise you what to include in any agreement.

It is important to use the correct documentation so that the appropriate rights are given to the tenant without losing control of the property and that you can easily remove the tenant if they do not pay the rent or breach any requirements in the agreement.

There are different ways to lease a property and you should seek expert advice as to the best set up for your premises.

You will also need to consider what insurance you need to take out and how you will maintain the property. There is often high wear and tear in rented commercial premises and you will be responsible for the upkeep of the building. There may be shared responsibility for certain areas, and you’ll want to set out clear guidance for them.

Conclusion

Investment in commercial property might represent a sound business opportunity, however, in leasing the premises there is a wide range of risks faced by any landlord and you should always seek expert advice from a commercial property solicitor about your specific circumstances.

Contact our Commercial Property Solicitors

The right solicitor changes everything. Anglo Law Solicitors provides expert legal advice on Commercial property.

Speak directly to a property solicitor now on 020 3753 4667 or Book Your Free Consultation here.

We serve clients across the following areas

London areas - City of London, Aldgate, Tower Hamlets, Spitalfields, Westminster, Kensington & Chelsea, Southwark, Bishopsgate, Canary Wharf, Islington & Highbury, Angel, Belsize Park, Hampstead, Swiss Cottage, Finchley.
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Kent - Tunbridge Wells, Tonbridge, West Malling, Maidstone, Sevenoaks.