Taking a lease on a science park? How to overcome financial pitfalls. The third blog in the series from Giorgia Clements, Penningtons Manches Cooper LLP

Taking a lease on a science park? How to overcome financial pitfalls. The third blog in the series from Giorgia Clements, Penningtons Manches Cooper LLP

In our previous blogs looking at financial pitfalls in leases we explored financial traps for tenants resulting from the rent review process, service charge liability, and dilapidations claims. In this third blog, we explore the lesser considered financial liability...
Taking a lease on a science park? How to overcome financial pitfalls. The third blog in the series from Giorgia Clements, Penningtons Manches Cooper LLP

Taking a lease on a science park? How to overcome financial pitfalls. The second blog in the series from Giorgia Clements, Penningtons Manches Cooper LLP

In our first blog addressing financial pitfalls in leases, we focused on rent review. Here we will explore two more common areas within commercial leases that contain potential pitfalls: service charge and dilapidations liability. Service charge When letting only part...