Leasehold

Whether you are starting up, or running an existing business, looking for suitable premises can often be a lengthy process.

If you are not looking to acquire the freehold to a property then you will commit to what is known as a lease or obtain the leasehold to a property. This involves renting a property from a landlord (owner of the freehold or property).

As a tenant, you will commit to a lease term at an annual rent charge.

The lease is a legally binding document which details the terms on which you are acquiring the property.

To find out more, please go to http://www.leasingbusinesspremises.co.uk