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The majority of commercial properties available in Bristol are leasehold - this is common because they often constitute part of a larger building.  Tenants of commercial units will pay both rent and service charges and may, depending on the length of the lease, have to pay a premium for the grant of the lease. 

The length of lease can range between three and 25 years, so can give you the security for a fixed period of time.  It is sensible to negotiate a break clause that gives you an option to end the lease at (for example) five year intervals. 

Rents on leases are normally paid quarterly in advance.  You will probably have to pay a deposit of about six months rent.  Be aware of rent reviews - the times of these reviews will be set in your lease agreement. 

The landlord is usually responsible for external repairs and maintenance and for all communal areas.  Check your lease as you may be responsible for internal repair and maintenance. 

It is wise to instruct a solicitor to go through the lease in detail as there may be clauses in the lease that restrict your use.  Conditions imposed on the tenant may include restrictions on subletting and responsibility for repairs and refurbishment.  Find a solicitor from the Bristol Business Directory or contact the Law Society.

Useful Websites 

The Office of the Deputy Prime Minister is responsible for policy and legislation for business tenancies - its website provides guidance for businesses thinking of renting business premises.  There is a useful 'frequently asked questions' section.