5 top tips to consider when taking on your first business premises

October 12, 2018


How much will you pay in rent?

This is obviously a key consideration for any business – but especially so for a start up when you’re on a tight budget. But whilst it’s important to make sure that you’re paying a fair market rent, remember to be clear on the other outgoings and liabilities that a landlord will expect you to cover.

Limit your repair

Your repairing obligation could be your main liability so it’s important to get it right. Agreeing a ‘schedule of condition’ ensures that the condition of the property is documented on the day you collect the keys. Otherwise, you could find yourself liable for disrepair caused by previous tenants or caused by the age/general poor condition of the property.

Put a cap on your service charge

Budgeting for future liabilities will be one of your priorities – an unexpected invoice is never good news and service charge liability is often an unknown quantity. The landlord won’t have exact figures for you, so protect yourself with an agreed service charge cap at the outset.

Think about a break right

Signing up to a 10 year lease or even a 5 year lease is often a daunting prospect. As a start-up, you will want to know how successful the business is before taking on such a long term commitment. On the other hand, if the business soars you might find you outgrow the property! The right to end the lease at certain points (e.g. every 3 years) will be useful to keep your options open.

Will you be able to renew your lease?

The location of your business is often key to the goodwill of the business. The law usually gives business tenants the right to renew the lease at the end of the term, but sometimes the landlord will ask you to waive this protection. In order to keep your options open, it is worth trying to safeguard your renewal rights.

Our Commercial Property team works with lots of start-ups and established businesses, and we would love to talk to you to see how we can help your business. Most of our property services are offered for a fixed price, so you won’t be confronted with any hidden costs.



Contact Our Team
Catherine Burke
View Profile
Damian Phillips
View Profile
Fflur Jones
Managing Partner
View Profile
Gareth Wedge
View Profile
Mark Rostron
View Profile
Nick O’Sullivan
View Profile
Owen John
View Profile
Rhodri Lewis
View Profile
Stephen Thompson
View Profile

I have worked with Darwin Gray for a number of years and the level of service, professionalism and timely response is second to none. I would highly recommend Darwin Gray to any business.”

Becs Beslee, Dice FM Ltd

Darwin Gray have provided us with a first-class service for many years now. They really take the time to understand our business and develop relationships which results in advice and support that is contextualised and effective.”

Rebecca Cooper, ACT Training

We have worked with Darwin Gray for several years and have always found their services and advice to be first class.”

Karen Gale, Stepping Stones Group

An extremely professional and sincere company who make time for your queries and understand the need to break down certain facts and information to ensure everything is understood perfectly. I would highly recommend the company to anyone looking for any type of legal advice”

Gwawr Booth, Portal Training Ltd

PSS has worked with Darwin Gray for many years. We have always received an excellent service. Prompt and professional advice and support.”

Ledia Shabani, Property Support Services UK Ltd

We have used several departments within DG recently and we have been very pleased with an effective, efficient and down to earth service. Very happy thus far and I expect that we will continue to use DG.”

Guto Bebb, Farmers’ Union of Wales

Darwin Gray offer us truly superb services. Very professional, quick and services available bilingually which is very important to us, highly recommend.”

Iwan Hywel, Mentrau Iaith Cymru

My “go to” in urgent and time sensitive cases for direction, support and advice. The team are quick to respond to calls or emails for advice and support on all matters. Always explain complex matters in a way a lay person can easily understand.”

Margot Adams, Guarding UK Ltd