Glossary
This may be particularly important for new or growing businesses or for businesses where the future seems uncertain. Try and agree a right to terminate the lease after a certain date. Try and resist an attempt by the landlord to incorporate a break option in the landlord’s favour as this can cause uncertainty for your business.
Negotiation tip: if the landlord insists on including a break option for the landlord’s benefit then try an agree a long notice period e.g. the landlord must give you 12 months’ notice in writing before being able to end your lease early.