So what is a protected lease??

So what is a protected commercial lease? A protected lease is a lease where a commercial tenant has the right to request a new lease on similar terms at the end of the current term of the lease. The tenant therefore has security of tenure. The landlord can only evict the tenant by relying in a number of statutory rights set out in the Landlord and Tenant Act 1954. So if you are a tenant who has a lease or you are about the take on a lease check with your solicitor whether the lease will be a protected one as many tenants and landlords do not know the difference and it really is worth knowing about.