Common issues with children’s services leases
For sellers and potential buyers, operating a children’s home or supported living accommodation out of a leased premises can be favourable. The increased flexibility offered by leasehold interests is a bonus. However, ensuring that your leases are in good shape prior to a sale, or ensuring that a prospective buyer has all its needs met by any existing leases is key.
There are some key points that you should look to cover off when agreeing heads of terms for a new lease: