Shop Lease Agreement​

Such tenancies are often used in situations where a formal lease is still being negotiated, or when a tenant requires immediate occupation without the delay of agreeing to a more complex lease. While convenient, this arrangement offers limited security for the tenant as it lacks long-term stability and protection compared to standard commercial leases.

In the context of UK property law, a Tenancy at Will does not confer extensive rights to the tenant beyond the immediate occupation and use of the premises. As a result, tenants should be cautious and ensure they understand the transient nature of this arrangement before proceeding.