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Landlord and Tenant Act 1954: The primary legislation governing business tenancies in England and Wales. Part II specifically deals with security of tenure for business tenants, sets out procedures for lease renewals, and defines the rights and obligations of both landlords and tenants.

Law of Property Act 1925: Establishes fundamental property law principles in England and Wales and sets out the requirements for creating and dealing with legal interests in land.

Landlord and Tenant (Covenants) Act 1995: Legislation dealing with the enforcement of covenants in leases and addressing the liability of original parties and assignees in lease agreements.

Regulatory Reform (Business Tenancies) Order 2003: Modified procedures under the 1954 Act, particularly dealing with contracting out provisions and modernizing certain aspects of business tenancy regulation.

Rent Act 1977: Legislation that may be relevant if the property contains any residential elements, governing certain aspects of residential tenancies.

Housing Act 1988: Additional legislation that may apply if the property has any residential components, particularly relevant for mixed-use properties.

Code for Leasing Business Premises 2020: Voluntary industry code providing best practice guidelines for commercial leasing in England and Wales, widely respected in the property sector.

Existing Lease Terms: Practical consideration requiring review of current lease terms and conditions to ensure consistency and proper incorporation into the extension.

Market Conditions: Current market conditions affecting commercial property leases must be considered when determining new terms.

Rent Review Provisions: Specific arrangements for how and when rent can be reviewed during the extended lease period.

Service Charge Arrangements: Terms regarding the allocation and payment of service charges for building maintenance and common areas.

Repair and Maintenance Obligations: Clear definition of responsibilities for repairs and maintenance between landlord and tenant during the extended lease period.