FORFEITURE OF COMMERCIAL LEASE
Quick, professional repossession service
Our certificated High Court Enforcement Agents can gain access to your commercial property within 24 hours of your instruction: don’t delay any longer.
Landlords can forfeit a commercial lease if a tenant is in breach of covenant.
Commercial repossession is a recovery solution for commercial landlords who wish to terminate a lease following a tenant's default with rent or any other breach of the lease.
Forfeiture of a commercial lease concludes the contractual agreement and the landlord’s obligations pursuant to the lease. Commercial Repossession on your property should be used by Enforcement Agents if your tenant has become a 'problem tenant' and if they do not have the funds or sufficient goods in the property to cover the arrears.
To forfeit a lease, the commercial landlord must be able to evidence the following:
A recognised Landlord & Tenant relationship – a lease agreement will suffice;
Land or premises for which rent is payable;
Certainty as to the amount of rent owed and length of the lease;
A clause in the lease that states that enforcement action will be taken if rent falls into arrears.
Only if the above is true can the landlord consider forfeiting the commercial lease.
Our service
Our forfeiture recovery service gets your commercial property repossessed, fast. Within 24 hours of your instruction we regain access to your property.
With the landlord's written authority, our skilled Enforcement Agents will manage the repossession process including: evicting the tenant, changing the locks (through an reliable locksmith) and clearing the premises. We will prepare all of the required notices and upon request, can take an inventory of the goods and assets on the premises, together with photographic evidence. This is known formerly known as 'Implementing a Torts Notice.'
Implementing a Torts Notice
A Torts Notice ensures all goods found on the premises are itemised to identify ownership of the goods. (Interference of Goods Act 1977,
If required, our specialist Enforcement Agents can list and photograph the tenants’ goods on the property. Once this is complete, we will send a notice to the tenants’ home address issuing them 14 days to arrange re-entry to the property to obtain their goods.
Our Agents are trained to supervise the removal of goods by your commercial tenant, and can, if required, remove any goods after the 14 days are up.
This service is optional.