Shropshire businesses given free premises pointers
A Shropshire law firm is offering a helping hand to business owners across Shropshire with the launch of two free guides outlining the dos and don’ts of taking on a commercial property lease.
With a string of incentives set to be introduced to kick-start enterprise across the county, such as Telford and Wrekin Council’s plans to offer business rate discounts of up to £55,000 a year, PCB Solicitors has put together a series of top tips available to download from its website.
The first factsheet – The Commercial Tenants’ Guide to Leases: New Premises – covers a series of handy hints that business owners should take into account before taking on the lease of new premises, such as whether a long-term lease is the most appropriate option or not, the importance of including a break-clause as a safety net, and also the need to take into account any obligations built into the lease that would require the renter to maintain and even repair a property.
Also available for download is a second document – The Commercial Tenants’ Guide to Leases: Existing Premises – offering a valuable insight for business owners that already rent a commercial property. The guide gives an easy to understand overview of a tenant's legal rights, and also includes advice on subjects such as subletting, signing over the lease to another business, exercising a break-clause, and actually terminating a lease.
“Offering incentives such as a business rate relief is a great way of encouraging not just start-up businesses throughout Shropshire, but also giving confidence to established businesses that are perhaps looking to expand into larger premises,” Lynn Hobbs, of PCB Solicitors, commented. “Renting a commercial property can be an absolutely huge step in a business’s growth and development, often taking a significant proportion of a company’s day-to-day operating costs, which is why it’s crucial all the practical and legal considerations are taken into account. These free guides will offer handy hints to both experienced entrepreneurs and those taking their first steps into renting a commercial property.”
Both the guides can be downloaded in user-friendly PDF format from the Commercial Property pages on the PCB Solicitors website www.pcbsolicitors.co.uk.
