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London serviced offices to rent

 

Landlord and Tenant Act

These are a statutory framework for the occupation of a building or land where a landlord and tenant relationship exists.

Business tenancies were first given protection and an entitlement to compensation by the Landlord and Tenant Act 1927.

This act was substantially amended by the Landlord and Tenant Act 1954, which now forms the main legislation for owners and occupiers, although further amendments were made by the Law of Property Act 1969.In essence the 1954 Act provides a business tenant with

(i) security of tenure and the right to apply for a new tenancy, subject to specified grounds of opposition and

(ii) a right to compensation (in certain cases) upon opposition to a new continued tenancy, for improvements and disturbance.

Not all business tenancies are protected by the 1954 Act and there are strict Notice procedures that need to be complied with in order to maintain such protection.

Before you go office hunting, make sure you have defined your space needs and service priorities. Global Office Search can help you determine your exact space requirements, locate the commercial properties that best fit and help you negotiate favourable terms.

 
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Global Office Search can provide in-depth knowledge.
Insight on the potential for buying, selling or leasing offices and commercial property and land in London and throughout the UK.
We specialise in offices, with or without warehouse, distribution or industrial space, and we represent many owners, occupiers, developers and investors across the country.
As part of your office relocation process, we offer an informal meeting to assess the realistic options of selling or letting existing commercial property or finding more suitable alternatives.
We make our recommendations but you decide what happens next.
 

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