Landlord and Tenant Act 1954 Part II
This applies to commercial leases only. A tenant who leases premises for the purposes of carrying on a business will be given security of tenure. Therefore, when the initial lease comes to an end, the lease will continue until it is terminated via the procedure set out in the act.
The landlord or tenant may serve notice upon each other to terminate an existing lease and/or apply for a new lease. Where the tenant applies for a new lease, the landlord may only object to the Court on the following grounds:-
- Tenant's disrepair
- Tenant's persistent delay in paying rent
- Tenant's other breaches
- Landlord's offer of alternative suitable accommodation
- Complex sub-lettings
- Landlord's genuine intention to reconstruct, demolish or carry out substantial construction.
- Landlord's own occupation