if it is an assignment of the
lease, then you are stuck with the lease as it is presented to you, unless the
landlord will agree to vary it. If he does agree to vary it, it should be done
by deed of variation. You are faced with negotiating with the landlord.
Unfortunately, if there is no
break Claus in the lease and the business does not work, you are stuck with the
lease until the end of the term, or until you get another tenant to take an
assignment from you.
You could set the lease up in
the name of a limited company, but the landlord may want a personal guarantee
from you in any event.
Can I help further?
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