Ireland Update: Commercial Leases - Practical considerations when exercising a break option

Given the pressure that the current crisis is placing on businesses in most sectors it is likely that companies are reviewing cash flow and outgoings. We expect most businesses are reviewing spending and considering where costs might be reduced. An obvious and substantial cost is going to be rent payable under a lease of business premises.

This advisory looks at the practical considerations when exercising a break option.

 

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