Assignable Leases

What is an Assignable Lease?

An assignable lease is the saleable remaining portion of a lease that a licensee wishes to sell, the value of the lease being gauged on the viability of the business. A number of factors go into calculating this, such as length of remaining lease, profit, rent, area, condition etc. It also takes into account the chattels inventory. If buying an assigned lease, you will need the services of a solicitor and surveyor.
Tenancy New issue Leases Assignable Leases Free of Tie Freeholds