Do we have to pay for the creation of a new lease on our Library?

Tracy Hi wrote...

Do we have to pay for the creation of a new lease on our Library?

Topic(s):

We are taking over the lease on our library building from the County council and the landlord is writing a new lease for us.

I was surprised to find out we had to foot the bill for this service (£1,000).

Is this normal? Is there anywhere we can turn to for help with reducing this bill?

Thanks

Your answers

Tracy Hi wrote...

Really grateful for the call from the Ethical Property Organisation - seems we shouldn't have to pay this cost, now need to convince the landlord!!

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Annemarie Naylor wrote...

Hi Tracy

I'm afraid, oftentimes, a community organisation is asked to cover its own legal costs in relation to property transactions. However, this will depend upon the specific circumstances, and our staff team can advise and/or take a look at draft lease agreements and highlight any concerns - simply visit http://www.mycommunityrights.org.uk/ or telephone 0845 3454564

Alternatively, you might want to consider applying for grant monies from The Social Investment Business (subject to the timescales involved) - http://www.sibgroup.org.uk/communityrights/ - to help with associated costs.

Please keep in touch and let us know if we can offer further assistance -
Annemarie

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