Understanding the legal terms in commercial leases is essential for protecting your investment and avoiding costly surprises. In this episode of The Honest Property Investment Podcast, I break down the key sections of typical Heads of Terms and explain what each one means in plain English.

Whether you're negotiating your first commercial lease or adding to your portfolio, this episode will help you feel confident about what you’re agreeing to.

• What Heads of Terms are and why they matter in the leasing process

• The most important clauses you must understand before signing, including:

  • Rent, rent-free periods and rent reviews

  • Break clauses and how to use them effectively

  • Full Repairing and Insuring (FRI) leases and what they mean for you

  • Permitted use and alteration clauses

  • Reinstatement and dilapidations obligations

• Which clauses could save (or cost) you money if you overlook them

• Take our free quiz: What Commercial Property Should You Buy Next?

• Book a call with the NC Real Estate team: ncrealestate.co.uk/bookacall

At NC Real Estate, we help commercial property investors build high-performing, income-generating portfolios that have the potential to increase their value — without the overwhelm.

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