Your first business premises

April 14, 2011 - PRLog -- The estate agent will help you find the perfect location for your business but it is your solicitor who will help you negotiate a suitable lease at the best possible cost.


Jeremy Blatherwick, a director in a partner company at Tallents in Newark says,

“When you’re starting out and money is tight, it can be all too tempting to keep costs down by negotiating a lease of premises yourself but if you do you could be committing your business to crippling financial liabilities.

Whereas you are negotiating for the first time, your solicitor will have negotiated hundreds of leases and be aware of potential pitfalls that can catch out the unwary.”

Leasing agreements vary greatly and the paperwork can be very complex. At this point potential tenants need to consider whether they want to commit to long term liabilities in exchange for lower rents or take on a short term lease in a serviced facility, which may offer more flexibility but less security.

Jeremy continues,

“It will always be more expensive to try and unravel a badly negotiated lease. When you’re just starting out in business you don’t want to be hit by unexpected repair obligations or service charges running into thousands of pounds. Or find out that your lease makes you liable for the cost of expensive alterations required by new legislation.

“At Tallents we’ve been negotiating businesses leases on behalf of clients for many years and we understand that new businesses need to keep costs down when they are starting out. A business lease negotiated by our experienced lawyers could make the difference between your business success and failure.”

…ends

For more information, contact Tallents on 01636 671881.


Tallents Solicitors, 3 Middlegate, Newark
Tel: 01636 671881

http://www.tallents.co.uk

ABOUT TALLENTS

Established in 1774 and with offices in Newark, Mansfield and Southwell, Tallents Solicitors services the legal needs of private individuals, company and commercial clients and farmers in North Nottinghamshire and Lincolnshire.

We still offer a personal service to our clients and our size and structure ensures that partners are never remote from our clients. We provide a full range of legal services and our expertise covers all areas of law including:

Agricultural law, criminal law, commercial and domestic property transactions, inheritance tax planning, trust and estate administration, wills and probate, commercial and general litigation, employment law, company and commercial law, intellectual property, matrimonial and family law, personal injury claims and children issues.

In 2009, Tallents celebrates 235 years, having served more than nine generations of North Nottinghamshire and Lincolnshire people. This makes Tallents one of the oldest law firms in the county and possibly the UK.



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