Need Help?
Let our team of experts help you. blar blar
Authorised Guarantee Agreements (AGAs)
Authorised Guarantee Agreements (AGA) are commonplace in leasing commercial property. They are a legally binding agreement aimed at protecting a landlord in the case where a tenant sells or assigns their lease to a new tenant. Under an AGA, an outgoing tenant can guarantee some or all of the obligations of an incoming tenant.
Ultimately, AGAs aim to strike a balance between the liability of a tenant who assigns a lease and to protect the landlord’s interests, if the new tenant proves unreliable and fails to meet terms of the lease.
It’s important that tenants entering into a lease of a commercial property understand the implications, risks and potential negotiating of the assignment of AGAs, and to carefully consider a lease that includes one.
If you’re wondering whether you should sign an AGA, how to negotiate terms, or for further advice on any matters regarding this type of commercial agreement, please get in touch with our team today and we will refer you to one of our partners specialising in commercial law.

Get a call back
If you need to speak to us about a general query fill in the form below and we will call you back within the same working day.
News and Insights

- 2
- Mar
A new poll has found that most of the UK’s self-employed individuals are seemingly unprepared for the changes to off-payroll working rules – also known as IR35 – that are set to take effect from…

- 25
- Feb
The British finance ministry has said that it will not publish the final report of its fundamental review of business rates until the autumn, when it expects a clearer economic outlook. HM Treasury …
Notice periods and furlough: are you up-to-date on the guidance?
February 19, 2021
What can businesses expect from the Chancellor’s 3rd March Budget?
February 18, 2021
Tax Benefits for Electric Vehicles
February 3, 2021

‘Excellent Professional and Friendly Service’
Andy Baker
Andy Baker


‘We know we are in good hands!’
Kevin Godding- Coffee shop, London
Kevin Godding- Coffee shop, London


‘Superb training’
Lee Ellis
Lee Ellis


‘Down to earth advice’
Mark L
Mark L


‘Very Positive Experience’
Clifton Contracting Ltd
Clifton Contracting Ltd


‘Professional & friendly service, very helpful’
Ziz
Ziz


‘Overall it has been an excellent experience’
Ian Tarry- in-house training company
Ian Tarry- in-house training company


‘Recommend to anyone in business’
Recommend to anyone in business for great down to earth advice at a sensible price.
Marl Lyes- Trinity House 3 Ltd
Marl Lyes- Trinity House 3 Ltd


‘Very knowledgeable, helpful and super responsive’
Vet&physio
Vet&physio


‘Very helpful’
Cal
Cal


‘Refreshing and supportive’
David Walton
David Walton


‘The whole process seemed a lot easier than first imagined!’
Once the basic setup was sorted I was allocated Emma, who was available then to guide me should I have any queries! Thorough training on Quickbooks and always available (within office hours) to sort my mess up or any queries no matter how mad they seemed! Always willing to help and no task to small! Thoroughly recommend Emma to anyone looking to use TS Partners as their accountants!
5 months in and still running smoothly! With no grey hairs in sight! (YET!)
Thanks to Emma, Matt and the team at Tax Shop, Wellington
Dominic Buck- Car Valet company
Dominic Buck- Car Valet company


‘Quickbook Training’
Tobias
Tobias
