It might seem at first glance that termination of a commercial tenancy should usually be a very simple business. What makes it complicated is the Landlord and Tenant Act 1954, paradoxically an Act designed to protect tenants. While it does give tenants important and valuable rights, it is a highly technical piece of legislation, and offers different means of termination at different stages of the tenancy.
When a tenant has decided to bring its lease to an end, it will often be a priority to do so as soon as possible, so as to limit the exposure to further rental payments. The complexity of the Act means that opportunities can be missed, unless the tenant’s advisors are on top of the law and procedure.
This book sets out the options available at all stages, from the first day of the tenancy through to the expiry date and beyond.
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