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CAN I GET OUT OF A COMMERCIAL LEASE EARLY?

COVID-19 has had a significant impact on almost every business in Scotland. For many businesses, it means they no longer require their business premises or can no longer afford them. There are of course many other reasons, not directly related to COVID-19, that you, as a commercial tenant may wish to exit a commercial lease. Perhaps operations have downsized or expanded and the place is no longer fit for purpose, or business needs demand a change of location. Regardless of the circumstances, if you need to get out of a commercial lease early, there are options which may be available to you. Read more…