Whether you can bring your lease to an end before the term expires will depend on what your lease says. Many commercial leases have a ‘break clause’ which will allow either the tenant or the landlord to terminate the lease early on certain conditions.
Break clauses have been scrutinised by landlords, tenants, lawyers and judges for many years. To make sure that you do not inadvertently lose your right to end the lease early, it is important to be well advised when negotiating such a clause, and particularly when serving your break notice. Our real estate team has a wealth of experience in this area and is well versed in acting for both landlords and tenants in the negotiation of lease terms, and in the preparation and service of break notices.
If you don’t have a break clause in your lease, you might be able to reach an agreement with your landlord (or tenant as the case may be) to surrender the lease. A landlord may also be able to forfeit the lease if their tenant is in breach of their obligations. Please get in touch with a member of our team if you would like to discuss the options that might be available to you.