Issue
A business wants to assign their lease to another business which has a perfectly good financial track record. However, the landlord insists on additional guarantees and securities to improve their position.
How we can help
Considering the law and the terms of the lease we are able to put a case to the landlord to persuade them to drop their unreasonable demands. If the landlord refuses then we can assist with an application to the court for an order that the landlord’s position is unreasonable.
The result
Depending on the circumstances, our involvement can help tenants to assign their leases allowing them to move to premises more suitable for their business needs.
For more information or advice on commercial property disputes or any other property issue, please contact Daniel Harley on 0115 9 100 295 or click here to send an email.
Posted on August 5, 2018