Commercial lease sale of property

[steveeasy]

My partner has a commercial lease that expires in September 2025. We understand that is when it ends.
the landlord has told her he is selling it now. Advertised under her trading name. Viewings without notice. And most worrying is that the particulars for sale say vacant possession can be available by servicing notice before break clause.

so can anyone turn up to view anytime? Can a lease be terminated straight away.

any advice appreciated.

steveeasy

[steveeasy]

Just following up on the the thread I posted last week.

my partner has a commercial lease that expires in 1 years time. the landlord has advertised the business for sale. agents are advertising my partners trading title for sale not the property name. a board has been stuck outside and no one has come to her about viewings.

The fact the premises are advertised for sale will impact her business. a for sale board outside makes matters a little worse and if my partners clients have random people turning up they will leave. We appreciate the owner can sell, but my partner is entitled to quite enjoyment. It is not her fault she has a lease and she pays her rent.
I would expect the agent of landlord to consider her position. They should ask how to carry out viewings without causing concern to her clients. where does she stand ?
her lease is a two year extension to a 10 year lease. this provided for her to be offered the property should the landlord wish to dispose of the property. He did indicate he would like her to buy it, but then the agents advised him to sell several sites as one.

The agents say her lease can be terminated at any time. her lease states six months notice. the agents statement is incorrect and implies my partner has no security at all on the public adverts. further impacting her ability to run her business.

Any advice appreciated.
steveeasy

[islandgirl]

Hi - as you haven't got a response yet I will say what I think although I have no legal standing or detailed knowledge of formal leases. What does the lease actually say about notice? If it is 6 months that is required it is 6 months. Was anything changed when the extension was given? I would write a formal letter to the agent detailing the terms of the lease and the problems being caused. Offer a viewing day / time (always a Monday at 11 say for a 2 hour period). Explain about being willing to make an offer to buy the property and explain that funds are available (if they are) - you never know. A letter to the agent cannot hurt...

[steveeasy]

Hi island girl,
Thank you for your reply. It says 6 months notice.

as with most things it’s a delicate matter access. You don’t want to tell them and expect a level of consideration from them. Your suggestion seams sensible. See what happens but I see no reason that they can just roll up frequently when they wish.
thank you
steveeasy

[islandgirl]

I agree. If you give them some set times for viewings you are not preventing them but being fair. You may choose 1 hour twice a week - when it suits you. Remind the agent that you have to be given 6 months notice and that he should explain that to potential buyers.

[atticus]

Sorry I missed this earlier. Get someone to look very carefully at the lease for you.