Landlord ending a commercial property lease early
Circumstances in which a landlord might take back their premises during the course of a business tenancy.
The tenant may normally remain in occupation of the business property until the expiry of the commercial lease and sometimes beyond.
When a landlord can end a business tenancy early
However, in some cases, a landlord might be able to end the commercial property lease early and take back the premises during the course of a tenancy. These circumstances are outlined below:
Failure to pay rent or meet lease obligations
Where the tenant has failed to pay the rent or carry out some other lease obligation, the commercial property lease will usually have a forfeiture clause enabling the landlord to end the lease. However, the court may reinstate the tenancy if the tenant successfully challenges the landlord's action. See commercial property leases: paying rent and rent reviews.
Break clause
The landlord has a right, set out in the commercial property lease, to exercise a break clause. The landlord will only have such a right if the tenant has agreed to waive tenancy renewal rights.
See .
Legal advice for ending a business tenancy early
Ending commercial property leases when you are a landlord is complex and legal issues are involved. It is therefore advisable to take professional legal advice. Choose a solicitor for your business.