Business + Commercial Law


Overview
Commercial Leases
Restaurant purchase and Retail Shop Lease

Overview

Business is an endless series of good and bad problems. Clients come to us because working with good people makes business much better. Like travel, the right company improves the good times and makes the hard times manageable.

You are looking for allies to smooth out welcome or unwelcome challenges in your business. There’s some uncertainty and you’d like to get it under control.

You probably heard about us through a word-of-mouth referral or maybe even a Google search.

Thank you for your patience while we slowly build our website. It’s taking a bit of time because we’re busy taking good care of our word of mouth referral clients. Feel welcome to give us a call if you’d like us to look after you too.

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Commercial Leases

Jaqueline called us to ask for help for a commercial lease for her accounting firm. They’ve been around a long time and they’ve been on a month to month lease for much of that time. The new building owners want a new lease.

We reviewed the lease and drew her attention to the main items which often cause friction between landlords and tenants like outgoings, options, bank guarantees, consent to signage, maintenance costs, indemnities, landlord works and redecoration.

Because we regularly prepare and review leases we were able to give Jaqueline some reasonable recommendations to reduce her exposure. Being reasonable, the changes were accepted by the landlord without much fuss.

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Restaurant purchase and Retail Shop Lease

Dennis contacted us because he was buying a popular restaurant business. He called on the Monday and wanted to finalise the deal by the end of the week. He was surprised to learn that because it was a retail shop lease the landlord would require a seven-day cooling off period once all the retail shop lease documents had been exchanged. Once he understood the legal time frames he reset his timetable.

The seller’s solicitor prepared the contract for the business sale and we prepared buyer special conditions to make sure that all licences, signage, equipment leases, business names, telephone numbers and approvals etc would be provided and acceptable at settlement.

We carefully reviewed the draft lease and car park licence with Dennis made the changes he wanted. We then helped Dennis to provide the landlord’s solicitor with the retail shop lease disclosure documents.

We helped him liaise with his banker and settlement took place about two weeks after Dennis first spoke with us. He was excited to get to work and pleased with the outcome.

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Disclaimer

This page is not intended to provide legal advice and does not create a client-lawyer relationship. This post is provided for general information purposes and should not be relied upon as a substitute for legal advice. If you need help with legal advice for your particular situation, please contact our office (details below or on ‘Contact’ page) and we’ll be happy to assist you.