Tax & Finance

Renting business premises

What to consider when renting commercial property.

Premises and equipment UK-wide

Renting business premises is a significant commitment. Commercial leases are very different from residential tenancies and you'll have more responsibilities as a tenant.

Lease length
Commercial leases often run 5-25 years.
Business rates
You'll usually be responsible for paying business rates.
Repairs
Many commercial leases require tenants to maintain the property.
Break clauses
Negotiate a break clause to exit the lease early if needed.
  1. Get legal advice

    Have a solicitor review the lease before signing.

  2. Check permitted use

    Ensure the property can be used for your type of business.

  3. Negotiate terms

    Discuss rent-free periods, break clauses, and repair responsibilities.

Business rates and reliefs

Business rates (non-domestic rates) are taxes on commercial properties. The amount depends on your property's rateable value and where in the UK you operate. Each nation has different relief schemes for small businesses.

Renting business property (opens in a new tab)

Official guidance