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ARTICLE · 21 JULY 2023

Exiting Your Commercial Lease

Myerson Solicitors LLP
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If you are renting your premises and looking to leave earlier than anticipated (whether as a result of market conditions or business needs), assuming your lease does not include provisions allowing you to break your lease early (or that any such break date has passed)...

United KingdomReal Estate and Construction
Myerson Solicitors LLP
Myerson Solicitors LLP

If you are renting your premises and looking to leave earlier than anticipated (whether as a result of market conditions or business needs), assuming your lease does not include provisions allowing you to break your lease early (or that any such break date has passed), there are a number of options to consider if you are looking to move on from a property before your lease term has come to an end. Our Commercial Property experts outline these options for you below.

Surrendering a Commercial Lease

The most obvious approach is to seek a surrender of your lease. This will require the cooperation of the landlord, but if the location isn't working for your business, for whatever reason, a landlord may prefer to agree to a settlement of sorts rather than face months of uncertainty.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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