Leased accommodation is available for offices suites, buildings and workshops up to 15,000 sq ft. The rent would be agreed between Balby Court and the tenant for leased offices / accommodation for a fixed period of time.
A key feature of leases is that tenants benefit from the right to possession of the property, to the exclusion of all others including the landlord during the fixed term. This is the major difference to licences where tenants do not receive ‘exclusive possession’ and landlords may enter the property on reasonable notice.
Leases also create a legal interest in the property which means any sale of the property during the term is subject to the tenant’s lease. Leases are not revocable (limited exceptions) but can be transferred by the landlord or tenant to another party.
