“Heads of Terms” is a document setting out the fundamental agreement between a landlord and a tenant and is the precursor to the lease itself. At this point, they are not legally binding but serve as a crucial stepping stone towards finalising the lease.  Many estate agents will send you the Heads of Terms and […]

What to think about when buying a business Buying a business can certainly be an exciting and rewarding venture. Not only does an established business already have a customer base, reputation, and brand recognition in the market, but you have the potential to generate income from day one, helping you to recoup your investment faster. […]

If you’re entering into a new commercial lease on your premises, whether it’s for a business relocation or a renegotiation on your current building, the question often arises: how long is the lease? Herein lies an innocent mistake I see a lot of business owners making: asking the agent how long the lease is, rather […]