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Commercial tenancies and licences

Our commercial properties include garages, small offices, storage space and larger premises. The terms depend on the property and proposed use, but the following is a general guide.

Checks and references

We normally carry out credit and identity checks on the proposed tenant, company, signatory and any guarantor.

Garages

The first quarter's rent and a deposit equal to one quarter's rent are normally payable in advance. Agreements usually start with a fixed quarter and then continue quarterly.

Small office or storage space

These may be offered under a licence or lease. A licence may require a homeowner guarantor. The first quarter's rent, a deposit equal to one quarter's rent and an administration fee may be payable.

Larger commercial premises

A lease will usually be required. Its length, rent, deposit, guarantee and other terms are agreed for the particular property and applicant. Some business leases are contracted out of the security of tenure provisions in the Landlord and Tenant Act 1954.

Please contact us for the current terms and charges for a particular property.