A lease is a commercial contract between a landlord and tenant which allows the occupier of a commercial property, to use the premises for a certain period of time.
It is common for commercial leases to have a “break option”. This allows one or either party to end or ‘break’ the lease on a given date / after a given date.
If you want to break your lease, it is important to check whether this is an option, by checking the terms of your lease and speaking with your solicitor.
Our lease experts can review your lease on your behalf and advise you whether you have the right to break your lease, as well as informing you of the associated timescales to do so.
The next stage in the process is to issue your break option.
Serving a break option in a lease is not necessarily straightforward, and this should be completed by a solicitor.
Adequate time and thought should be given to this to ensure the right process is followed, because the wrong process or approach could make the break option invalid, leaving you committed to the property for the rest of your lease term.
Our lease advisory experts are experienced surveyors who will work with you to advise on your lease terms and any break options available, and will see the break process through to completion with your landlord.
