We advise both landlords and tenants on all aspects of business tenancies including:

  • negotiation of new commercial leases
  • exclusion of business tenancy security under the Landlord and Tenant Act 1954
  • lease assignments
  • underlettings
  • surrenders, re-gears, operational break clauses
  • rent reviews
  • lease renewals (whether by private negotiation or through exercising business tenancy security renewal rights under the Landlord and Tenant Act 1954)
  • property management work such as licences to alter, assign or sub-let and variation of leases
  • dilapidations and other end of lease term matters
  • related tax planning and consequences of commercial tenancy transactions including SDLT and VAT
  • tenant insolvency

Our landlord clients include developers, major funds, financial institutions and private UK or off-shore investors. They let a diverse range of commercial premises including individual stand-alone properties, multi-let premises, business parks and prestigious head office and campus establishments.

The tenant clients we represent include national chains in the retail, hospitality and leisure industries; companies occupying regional and central London or City headquarters offices; the occupiers of industrial, hi-tech, specialist build and other bespoke facilities; and start-up businesses on short-term initial commercial tenancies.

Our team

  • Our business lease specialists are an integral part of our real estate team, which has a strong reputation in its field and broad experience over the entire sector, including complex, high-value and time-critical deals
  • Legal peer review guide Chambers 2011 says 'Clients describe Russell-Cooke's real estate team as "proactive and responsive, as well as imaginative in their approach to difficult situations."

Charges are usually based on our hourly rates plus administrative charges and disbursements. We will provide you with an initial estimate of your likely legal costs and will update this as your requirements or the circumstances of the work change.

We may also be able to offer fixed priced options for clients depending on their budget and the size, type and complexity of the work involved.

We would be pleased to discuss your requirements free of charge and tailor a costs proposal accordingly.


The Royal Institution of Chartered Surveyors is the world's leading professional body for qualifications and standards in land, property and construction.

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The Land Registry

Land Registry is a government department created in 1862 to register the ownership of land and property in England and Wales.


British Property Federation (BPF)

The British Property Federation is a membership organisation devoted to representing the interests of all those involved in property ownership and investment.