Lease Renewals and the Landlord and Tenant Act 1954

Overview

The Landlord and Tenant Act 1954 can confer “security of tenure” and renewal rights for qualifying business tenants. Whether the Act applies is a key strategic issue.

Inside vs outside the 1954 Act

• Inside: tenant may be entitled to a new lease on expiry, subject to statutory procedure.
• Contracted out: renewal rights removed if correct procedure followed before grant.

Renewal process considerations

• Timing and form of statutory notices
• Negotiation of new rent and modernised terms
• Interim rent exposure and business planning

Landlord opposition (where applicable)

In limited circumstances, landlords may oppose renewal on statutory grounds. Evidence and planning are often critical.

How Royce Legal can help

Royce Legal can confirm the lease’s status, advise on notices and timing, negotiate renewal documentation, and progress formal proceedings where agreement cannot be reached.