Estate Agents

Valuers

Surveyors

 

Commercial Property Services

Lease Expiry and Renewal

The Landlord & Tenant Act 1954 limits the way in which a business tenancy may come to an end.

 
Commercial Services
Services A to F
Services G to P
Services Q to V

Thus a tenancy that falls within the provisions of the Act, will not come to an end unless it is terminated in accordance with the provisions set out in the Act. The statutory methods of terminating a lease are set out in Part II of the 1954 Act. Namely:-(i) by a Landlord's notice under Section 25(ii) by a tenant's request for a new tenancy under Section 26, or (iii) a tenant's notice to quit under Section 27.

The landlord and the tenant must comply with the provisions set out within these various notices, since failure to do so could result in the loss of the automatic right for a new tenancy.

There are also strict procedures to be followed during the interim period between the expiry and grant of a new lease, either by negotiation or through a court.


- Christo & Co -
Commercial and Residential property specialists, estate agents, valuers and surveyors
in Kentish Town, Camden Town and throughout North & North West London

66-70 Parkway, London, NW1 7AH - Tel: 020 7482 1203 - Fax: 020 7482 4441
- Web: www.Christo.co.uk