commercial property

Taking on new business premises

Are you thinking of setting up a new business and taking on new premises? It is an exciting challenge but one you should take care with.

A good solicitor can help

A good solicitor can offer advice on all the legal issues you may face when setting up a new business.

We can help identify possible problems and help you take the necessary steps to avoid them. Risk will be reduced and you could save a lot of money in the long run.

Choosing business premises

When choosing business premises, if you are considering taking on leasehold premises you will need to ensure you understand the terms of the lease.

A few things to consider:

Can your landlord increase the rent if so, by how much and how often?
What service charges apply and can these also be increased?
Does the building have the correct planning permission or will you need to apply for a change of use?
If you are running the business from home are there restrictions that need to be taken into account?

There is, of course much more to choosing business premises. These are just some of the things you must consider.

Contact us for further advice and information

Please get in touch with our commercial team Paul Hughes or Vanessa Warren on 0121 705 7571, or email paulhughes@wallacerobinson.co.uk or vanessawarren@wallacerobinson.co.uk

Further reading:

Setting up a Business (Commercial Law)

Buying and Selling a Business (Commercial Law)

This article is for general information purposes only. It does not constitute technical, financial, legal advice or any other type of professional advice and is no substitute for specific advice based on your individual circumstances. We do not accept responsibility or liability for any actions taken based on the information in this article. For more information, please click here.