Lease renewal

nsgm

Our landlord has sadly died from covid and within the next two months our 12 month lease is due for renewal. His will is not straight forward and I believe things will not be sorted at by the time we come to renew our lease. My question is who is responsible regarding the lease renewal e.g length costs and terms .( is this something that the executor of the will can do )
We are concerned that we might not get the opportunity  to trade again after lockdown. Making it impossible to recover our expenses and debt that covid has caused. 

bris

The Executor of the will is who you need to contact. It might not be as straight forward as just getting a new lease signed though if there is disputes about who gets what.
If no one can agree then read this just in case they don't give you notice to quit https://www.savoystewart.co.uk/blog/what-happens-when-commercial-lease-expires to see if it applies to you.

 

J_B

nsgm said:

We are concerned that we might not get the opportunity  to trade again after lockdown. Making it impossible to recover our expenses and debt that covid has caused.

Would it therefore be an opportunity to end the lease at it's conclusion (if possible) rather than renewing?