Business leases and licences Solicitors
Expert Legal Advice for Business Premises
Choosing between a business lease and a licence is a critical decision, as each creates different rights, responsibilities, and risks. A lease grants exclusive possession of premises for a fixed term, while a licence allows occupation but without security of tenure. At Quality Solicitors, we provide clear, practical advice to help protect your business and ensure full compliance with UK property law.
Lease vs Licence: Key Differences
| Feature | Lease | License |
| Legal Rights | Exclusive possession | Permission to occupy only |
| Security of tenure | Yes, under Landlord and Tenant Act 1954 | No statutory protection |
| Duration | Fixed term, usually years | Flexible, short-term |
| Transfer rights | May allow assignment or subletting | Generally non-transferable |
| Typical use | Long-term business premises | Shared or temporary space |
Should you choose a licence or a lease? The answer rather depends. Features to be clear about include the presence of regular periodic payments and a specific end-date to the agreement. There are benefits and obligations to both. Being clear on what these are beforehand is important. Sign the wrong agreement and you may find your rights are not protected or your business is affected.
QualitySolicitors advises business on setting up the right agreement for them. Drafting a lease or a licence, explaining the terms, obligations and liabilities is done free from legal jargon. Our expert lawyers work with you, deal with any problems and make sure costs, timescales and likely outcomes are clear. If your licence or lease needs to be amended, or it is time for renewal, we can help you do this as well.
Before agreeing or signing your agreement, contact us on 08082747557. Make certain your business is properly looked after.