The Benefits of Leasing Your Property to a Corporate Tenant

Leasing to a company gives a landlord a fixed income and one accountable tenant. Here are the main benefits, and the points to weigh up before you sign.

Predictable income

The rent is agreed at the start and paid every month for the term. Because it does not depend on occupancy, you can plan around it.

Less of your time

There are no viewings, no referencing and no rent to chase. Routine matters are handled by the tenant company, and you are contacted when a decision is needed from the owner.

A tenant with a reputation to protect

A company that leases property as its business needs landlords to renew and to recommend it. That gives it a commercial reason to keep the property in good order and to hand it back properly.

Points to weigh up

• A fixed rent gives certainty; it will not rise with the market mid-term unless the agreement says so.
• You are committing for a set term, so check the break clauses.
• Make sure your lender, freeholder and insurer permit a company let.