We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Commercial Property Let
Options

Seconds_to_Disaster
Posts: 4 Newbie

Hi,
I am looking to rent a small business unit and have been in discussions with the landlord.
We have agreed the general terms for the lease at which point he asked me to submit a Note of Interest on the property.
I had assumed once we agreed the terms he would have his lawyer adapt a fairly standard template, he'd send it to me, and that would be that.
Is this normal procedure? It hadn't entered my head id need a solicitor! doh!
This is for a 5 year lease on a small shop unit, in a very small village with a rental of around £600 per month. Its in Scotland if that is important for relevant law.
Any help would be apppreciated.
I am looking to rent a small business unit and have been in discussions with the landlord.
We have agreed the general terms for the lease at which point he asked me to submit a Note of Interest on the property.
I had assumed once we agreed the terms he would have his lawyer adapt a fairly standard template, he'd send it to me, and that would be that.
Is this normal procedure? It hadn't entered my head id need a solicitor! doh!
This is for a 5 year lease on a small shop unit, in a very small village with a rental of around £600 per month. Its in Scotland if that is important for relevant law.
Any help would be apppreciated.
0
Comments
-
Unless you know how the Scottish Landlord and Tenant Acts for commercial tenants work you need legal representation.
It may also be wise to get a commercial property agent to look at the property and ensure the lease terms and rental represent good value.0 -
There is no legal protection from unfair terms for commercial contracts. As daveyjp says it is essential that you get professional advice.Some contracts contain onerous clauses meaning that tenants have to pay for maintenance and repairs to the building for instance. It is quite normal for there to be negotiations to alter the wording of a contract so that both sides are happy with the terms.0
-
There is no legal protection from unfair terms for commercial contracts.
Not entirely true. See for example the Unfair Contract Terms Act 1977:
1 -
Thanks guys,
I will make contact with a solicitor on monday.
any idea what a solicitor might charge for such a transaction? a ball park figure would be great to give me an idea if they are charging fairly.0
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.8K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards