Conor In Dub
Registered User
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- 12
Say you're buying a business from an existing owner and there's only 3 years left on the lease. Now after the 3 years you've built this business up and things are going great .... but the lease is up. Isnt there a chance the building owner can just turf you out legally?
Also, if - say - a new 20 year lease is offered by the building owner when the 5 year one is up (or a 5 year, or whatever); does the business owner have to pay a premium for this or does he simply continue with the rent payments?
Also, if - say - a new 20 year lease is offered by the building owner when the 5 year one is up (or a 5 year, or whatever); does the business owner have to pay a premium for this or does he simply continue with the rent payments?