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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.
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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
Global Office Search
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warehouse, distribution or industrial space, and we represent
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but you decide what happens next. |
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