If you’re a business owner renting office or retail space, it’s crucial to understand the end-of-lease process to ensure a smooth transition and minimal disruption. This will occur when your existing lease is set to expire, and you’re either looking to renew, or to relocate. In either scenario, the end of your commercial lease calls for several steps and considerations, both in legal and practical terms. And all of these are critical to understand, ensuring a smooth transition and minimal disruption to your business.
In the course of this article, we aim to provide a comprehensive guide for UK businesses preparing for the expiration of their commercial lease. We’ve compiled a detailed checklist to help you navigate this process with ease.