Pubs For Lease - Pub Lease Assignment - Licensed Property Leases
An assignment of a lease takes place when the tenant (assignor) transfers/sells
to another person (assignee) their entire interest in the property for the
unexpired residue of the lease.Section 52 (1) of the Law of Property Act
1925 requires that for the legal estate to pass to the assignee, then the
assignment must be by Deed.Under the doctrine of "privity of contract",
the original tenant remains liable to perform all the covenants in a lease
throughout the term. Thus, if the lease is assigned to a third party, in
the event that the new tenant defaults, the original tenant remains liable
for the covenants contained therein.
In some cases therefore, if an assignee is found to be in breach of contract,
the landlord is able to look to the assignor to seek redress; even though
the original tenant has no control over the subsequent occupiers business.
The Landlord and Tenant (Covenants) Act 1995 sought to address this issue
and relieve the original tenant from such liability upon assignment. Modern
leases granted on or after 1st January 1996 usually incorporate this change
in legislation.
UK Pubs for Sale: Freehold Pubs, Restaurants, Wine Bars and Hotels for Sale
Save time on property viewings, local research, due dilligence and conveyancing. Commercial property details include full sales documentation, schedule of accommodation, title plan, lease, tenancy agreements, contracts of sale, schedules of tenancy, projections, appraisals, floor plans, local authority searches, soil surveys, structural reports, title deeds, planning documentation, as well as professional aerial photographs and detailed maps.showing the exact location of the hotel or pub for sale.
- Pubs, restaurants & hotels for sale in East Anglia: Bedfordshire, Cambridgeshire, Essex, Hertfordshire, Norfolk and Suffolk
- Pubs, restaurants & hotels for sale in London:
Barking and Dagenham Barnet Bexley Brent Bromley Camden City of London City of Westminster Croydon Ealing Enfield Greenwich Hackney Hammersmith and Fulham Haringey Harrow Havering Hillingdon Hounslow Islington Kensington and Chelsea Kingston upon Thames Lambeth Lewisham Merton Newham Redbridge Richmond upon Thames Southwark Sutton Tower Hamlets Waltham Forest Wandsworth
- Pubs, restaurants & hotels for sale in the Midlands: Herefordshire, Shropshire, Staffordshire, Warwickshire, West Midlands, Worcestershire, Derbyshire, Leicestershire, Lincolnshire, Northamptonshire, Nottinghamshire and Rutland
- Pubs, restaurants & hotels for sale in North East England: Cleveland, County Durham, Northumberland, Tyne and Wear
- Pubs, restaurants & hotels for sale in North West England:
Cheshire, Cumbria, Lancashire, Manchester, Merseyside
- Pubs, restaurants & hotels for sale in Scotland:
Aberdeen, Aberdeenshire, Angus, Argyll and Bute, Borders, Clackmannanshire, Dumfries and Galloway, Dundee, East Ayrshire, East Dunbartonshire, East Lothian, East Renfrewshire, Edinburgh, Falkirk Distric, Fife, Glasgow, Highland, Inverclyde, Midlothian, Moray, North Ayrshire, North Lanarkshire, Orkney Islands, Perth and Kinross, Renfrewshire, Shetland Islands, South Ayrshire, South Lanarkshire, Stirling, West Dunbartonshire, West Lothian, Western Isles
- Pubs, restaurants & hotels for sale in South West England:
Bristol, Cornwall, Devon, Dorset, Gloucestershire, Somerset and Wiltshire
- Pubs, restaurants & hotels for sale in South East England: Berkshire, Buckinghamshire, East Sussex, Hampshire, Isle of Wight, Kent, Oxfordshire, Surrey and West Sussex
- Pubs, restaurants & hotels for sale in Wales: Blaenau Gwent, Bridgend, Caerphilly, Cardiff, Carmarthenshire, Ceredigion, Conwy, Denbighshire, Flintshire, Gwynedd, Isle of Anglesey, Merthyr Tydfil, Monmouthshire, Neath Port Talbot, Newport, Pembrokeshire, Powys, Rhondda Cynon Taff, Swansea, Torfaen, Vale of Glamorgan, Wrexham
- Pubs, restaurants & hotels for sale in Yorkshire: East Riding of Yorkshire, Humberside, North Yorkshire, South Yorkshire and West Yorkshire
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