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Renting an office space is an important step towards establishing your business, with the chosen location adding a significant detail to your business brand.
Anyone looking to sell a property prior to it being built will need a Predicted Energy Assessment (PEA), which assesses the building’s energy efficiency potential. PEAs are a legal requirement when selling an unbuilt or unfinished property, and they let potential buyers and relevant authorities know that the property will meet the current energy efficiency standards and expectations.
There has been an increasing focus on Environmental, Social and Governance (ESG) standards in recent years, which has given rise to a new type of commercial lease agreement known as the ‘green lease’.
As a business owner in the UK, you will have a commercial lease agreement to occupy your business premises and will need to renew the agreement prior to the lease end date. How the agreement is renewed will depend on what type of lease it is, and whether or not the landlord opposes the lease renewal.
There are always trends influencing the architectural design and construction of commercial buildings, with 2024 seeing a significant focus on sustainability and energy efficiency.
Commercial property leases usually include an agreed end date, upon which the lease comes to a conclusion and must be renewed should all parties agree. However, some leases perform so poorly that it would be better to end the lease early.
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