receive guaranteed full market rent 6 months upfront
A Commercial Lease Agreement with Black Brick Guarantees Full Market Rent is paid Six Months in Advance for the duration of your Tenancy Agreement, in Two Annual Payments
‘Maximise your rental income with our Guaranteed Rent service, designed specifically for reliable income without the day to day responsibilities of property management’
Choosing Guaranteed Rent with Black Brick ensures uninterrupted income by erasing void losses and rent arrears. We pay full market rent upfront, at the beginning of each six month term for the duration of your tenancy agreement. Even when occupancy changes occur, your agreed rental income remains unaffected allowing you to enjoy the benefits of property ownership without the usual risks and uncertainties.
Black Brick offers landlords a flexible and free property management service. Enjoy a hands-off experience whilst you simply sit back and receive your rent. As part of our management service we cover maintenance expenses and conduct free and regular refurbishments, as well as monthly professional cleaning and inspections to ensure your property remains in excellent condition throughout the tenancy. Most importantly, our service is completely transparent. We charge 0% commission with absolutely no hidden fees or unexpected costs.
‘Unlike a standard tenancy agreement, commercial lease means your rental income is contractual not conditional’
How Does a Commercial Lease Agreement Work?
A Commercial Lease Agreement simply means renting your property to a limited company rather than an individual. Black Brick would operate as the primary tenant of your property, paying six moths rent in advance for the duration of the agreement in two annual payments. Following a light refurb, we would conduct viewings for potential tenants and carry out all necessary background checks and referencing. We will then sub lease the rooms to working professionals. Throughout the lease agreement Black Brick oversees the day to day management of your property; incurring all the expenses that come with it whilst handling tenant enquiries and disputes.
Why Choose a Commercial Lease Agreement?
Choosing a Commercial Lease Agreement entitles Landlords to more legal rights and greater protection compared to a traditional AST agreement:
•Statutory Protection
•Exemption from Renters (Reform) Bill
•Exemption from New Tenancy Restrictions
•No Rent arrear’s
Full Market Rent is paid upfront at the beginning of each six month term for the duration of your contract. Say goodbye to rent arrears.
Tenants will be subject to employment verification in addition to criminal record checks, referencing and affordability assessments. We handle all tenant disputes and enquiries diligently.
We operate with full transparency prior to signing a commercial lease agreement. No hidden costs and 0% commission for our management service.
The rent is guaranteed even when the property is empty. No vacant property costs.
We conduct free minor repairs and refresh the property each time a tenant moves out. We may offer a light refurbishment prior to moving tenants in for the first term.
Our phone-line stays on 24/7, ensuring landlords always have direct access to assistance wherever needed.
A commercial lease agreement offers landlords greater legal rights and statutory protection. Alongside, exemption from the renters (reform) bill and new tenancy restrictions.
Regular professional cleaning will be arranged, alongside monthly property inspections
Flexible 1-5 year lease options to choose from.