Lease Break Clauses: Pitfalls for Tenants and Landlords

Nicholas Golding, Legal Counsel, NCP, United Kingdom

Commercial break clauses remain a highly contentious area of landlord and tenant law. The recent economic downturn has seen landlords and tenants manoeuvring to protect their own financial positions. Whilst tenants seek to put themselves in bargaining positions for lease renegotiations or move to more favourable premises, landlords try to ensure that they receive continued rental streams and seek to challenge tenant’s attempts to exit leases.

Nicholas Golding has been Legal Counsel for National Car Parks for approximately 4 years, providing legal support across all business functions but with specialist focus on property. Previously, he qualified as a solicitor in England and Wales at an international law firm, having worked in London and Amsterdam, and holds a Masters in Modern History from Oxford University.

National Car Parks is the UK’s best known car park operator, offering more car parks than any other operator and helping millions of customers.