Commercial rent

fishpond

As has been said
You need to engage a specialist solicitor and from the sound of it, soon.
I hope you will be prepared for the invoice.
Alternatively, could you purchase the total land from the executor of the will/estate.
Look at it this way:-
This is an opportunity to give yourself security for the rest of your life.

jacaldo

Thank you, yes we could buy the property at a very reasonable price but we are not in a position to do this financially.
As already mentioned I am only trying to find out the legal time scale for leaving and should we be given termination in writing.
Thanks to all the helpful advice from some of you.

Brock_and_Roll

Well for starters I would tell the property developers to sling their hook unless they can produce paperwork to show they have rights to be on the property.

fishpond

How about getting together with another tenant to buy it.
Also see an independent financial adviser--you may be surprised at what you can afford.

jacaldo

Both in our early sixties now, we would need to be in it for the long haul so neither of us wish to commit.

bris

As I said this sounds to me like it was an informal tenancy that both parties agreed to so in this case I would say it's a tenancy at will which gives both parties to right to end the tenancy with very short notice.


For proper advice though take your contract to a commercial solicitor and show them it, they are in a better position to advise you than any one here.