During 2026, Rankin Business Lawyers is presenting a series of articles providing guidance on what to do when preparing a business for sale. This month, with an eye to ensuring continuity during a business sale, we look at leases, licences and premises, and what to know during the assignation process. Continuity of the business [...]
An integral aspect of commercial leases is the configuration of ‘rent reviews’ according to which rent is adjusted and agreed intervals during the lease term. These intervals are the agreed review dates. The rental payable by the tenant after each scheduled review date is adjusted in accordance with an agreed formula that is set out [...]
We are often approached by landlord clients who are faced with the following tricky decision: Should I consent to a lease assignment (transfer) at my commercial property in circumstances where the proposed new tenant has few assets and little business experience? It is a stressful decision, particularly where the current tenant looks to be in [...]
