After your concept and brand, your premises are your most important asset so they must work for you. Planning law categorises premises into a number of use classes and it’s essential to carry out proper due diligence so as to ensure that you find the right premises in the right location.
Your lease governs the relationship between you and your landlord and covers everything from what the premises can be used for to when you can change the signage. A negotiated lease may enable you to streamline landlord consent processes or even remove the requirements in some circumstances enabling you to get on with the important task of opening.
It is sometimes easier, and quicker, to take over an existing operator’s site rather than find vacant premises. However, care should be given to ensure that the assets of the business (including the premises licence) are transferred. In certain circumstances existing employees may need to be employed in the new venture and Landlord’s consent to the transfer will often be required.