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Lease assignments and underletting
Our commercial property experts are on hand to offer advice and practical support in all aspects of leasehold management, including assignments and underletting.
Whether it’s to transfer the lease to someone else or to sublet a property, there’s a lot to consider when tenants are looking to assign their lease.
In the first instance, consent is often needed from the landlord, which cannot be unreasonably withheld or delayed. There may also be certain conditions imposed onto the tenant, such as an Authorised Guarantee Agreement (AGA), licenses or additional negotiations.
We work with both tenants and landlords with assignment or underletting matters to manage and resolve these conditions to best suit your requirements.
If you’re considering to assign or sublet your premises, or your tenant is looking to do so, our experts are on hand to offer advice and practical solutions.