Ground Lease


Search Office Space

Search Office London’s comprehensive database of 1000’s of London office space available to rent, let, lease, purchase or buy. If you need further help or would like to information about offices not yet released to our database, please get in touch.

Send A Message

Ground Lease

This is usually a long lease, granted at a ground rent but subject to an initial premium payment. A ground lease can vary in length from 30 years up to 999 years. The principle of a ground lease is that the rent paid relates to the value of the land only. The terms of the tenant’s lease usually provide an obligation to develop the land. The building is then owned by the tenant, usually free of any rent. Ground Rent levels vary from a peppercorn, i.e. nil rent, to a percentage of the open market rack rental value of the building.