Taking a charity shop lease: what to look out for in advance and once you have your lease

£35.00 excl. VAT

This session was originally held in October 2023

The recording of the webinar is available here

Learning outcomes:

  1. Negotiating terms with landlords/their agent: knowing the key terms and conditions to taking your lease
  2. Knowing and managing the costs– from legal & search costs to lease registration, and SDLT. Rent, service charge, building insurance, dilapidations/repair, business rates, fitting out – can these be managed?
  3. Key lease lease features to give you flexibility you may need – longer or shorter term? Rent review (how often & different types). Break clauses – tips & tricks. The Landlord and Tenant Act 1954, Schedules of condition and end of term reinstatement.
  4. Case studies –  for when the unexpected happens – water leak into your ground floor shop – who pays?, shop front damage, Pandemic store closure, EPC reduction.

Webinar Details:

  • Webinar Length: 1.5 hours
  • Tutor: James Macmillan, solicitor from Womble Bond Dickinson
Category:

Description

James is a retail property lawyer and Managing Associate solicitor at Womble Bond Dickinson UK LLP with over 8 years’ experience representing major retail names across national high streets, retail parks and shopping centres providing strategic advice on commercial terms through to lease grant and providing assistance during retailers’ occupancy. The high street is an ever evolving picture but one that gives good opportunity to retailers and with the market knowledge that James and his team possess, Womble Bond Dickinson can provide the inside track on the flexibility retailers need.

His experience extends to retail store acquisition and expansion in pre-let development agreements for lease and managing lease renewals and assignments to and from other retailers as well as lease negotiation, corporate support real estate transactional advice and leading on site acquisitions up to a value of £5m.

Womble Bond Dickinson UK LLP have a dedicated charities team that provides all encompassing advice for charities in their transactional and constitutional needs and provides seamless support to the property teams to give the right outcome for you in all your needs.

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