Early termination of commercial lease in UK

Terminating a commercial lease in UK? At Blackstone, we always aim to provide the best service possible. Meticulous in our approach, we will make sure everything is dealt with as you wish and will keep you updated throughout the legal process, ensuring that you always know of any developments. We place huge emphasis on getting things done properly and efficiently. This is especially true when providing legal advice concerning writing a Deed of Variation; we have vast experience of drafting these documents, doing so comprehensively and ensuring all of the necessary provisions to protect the beneficiaries are properly set out, fulfilling every aim and objective whatever your requirements may be.

We would not recommend that you include all company decisions in the “unanimous” box as this may prevent the company from actually carrying on any business at all. Investment protection upon sale…tag along… As a minority shareholder you may want a provision to be included in the shareholders’ agreement which requires that, upon the majority shareholder receiving an offer for his/her shares, you as the minority shareholder must be offered the same offer for your shares. This is often referred to as a “tag-along” provision. How does a Shareholders’ Agreement Help a Majority Shareholder? As a majority shareholder (more than 50% of shares), you may want to sell your shares but a minority shareholder is unwilling to agree, then you can include a provision in the shareholders’ agreement which forces the minority to sell their shares. This will allow you as the majority shareholder to realise your investment at a time and price that suits you. The price offered for the shares must be fair for all shareholders, including the minority.

We are dogged in our determination to make sure all parties involved do what they should be doing, when they should be doing it, giving you the peace of mind to focus on the other important matters you are dealing with. Transferring the ownership of a home that has a mortgage, such as when gifting to the next generation, or giving someone shared ownership of a property with a mortgage can be tricky. While it is entirely possible to do so, there are a variety of factors to take into consideration. To find out more about how to transfer the ownership of a property with a mortgage, contact our residential property solicitors today for a free, no obligation initial discussion on 0161 929 0121. Or alternatively fill in our online enquiry form or email us on info@blackstonesolicitorsltd.co.uk and a member of our team will contact you.

A fast-growing law firm based in south Manchester, we are renowned for going the extra mile to get the right results for our clients. Specialising in commercial litigation and property law for both commercial and residential clients, we believe strong communication is essential. This is why our passion for the work we do is matched by our commitment to keeping our clients up to date every step of the way. Emma Nawaz of Blackstone Solicitors Limited has a wealth of legal experience specialising in the fields of commercial and property litigation. Emma represents local, national and international clients, many of whom have been clients since the beginning of her career. Emma is known as a tenacious and pragmatic lawyer. Read even more details on deed of variation.

Once we have the necessary information, we will pursue the case on your behalf, getting in touch to update you on developments as much or as little as you’d like us to. How can we help you? We are committed to speedy resolutions, so if you are happy with all the necessary arrangements and fees, our solicitors will get to work on reclaiming your debt right away and aim to get your money back in a matter of weeks. Our solicitors are equipped with the knowledge and expertise needed to support you in your bid to recover unpaid rent from ex tenants. We offer debt recovery services for landlords and letting agents of all sizes. Our North West office is built to support anyone based in the Cheshire and Greater Manchester regions as well as Nationwide.

If the lease grants security of tenure, the lease will continue after the expiry date if the Tenant remains in occupation of the property for business purposes. In this scenario the Landlord or Tenant must serve one of the following notices to terminate the lease: Section 25 notice – if the Landlord wishes to determine the lease and can satisfy one of the grounds in section 30 of the Landlord and Tenant Act 1954, serving a hostile section 25 notice will prevent the Tenant from taking a new lease. Examples of grounds under the Act include breaching repairing obligations, persistent delays in paying rent or the Landlord redeveloping the property. Section 26 notice – if the Tenant wants to terminate the lease, a section 26 notice can be served. Find more info on https://blackstonesolicitorsltd.co.uk/.