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Your best solution is to ensure that you follow the terms of the lease and terminate the agreement when you can in the correct fashion. You may want to seek independent legal advise to confirm your options and have a clear understanding on how the take up of option works and the timings...

You can have your existing tenant remain as guarantor for the length of his existing lease (including the option) whilst the new business partner is the tenant. You will quickly know if he thinks the partner is viable and have a back up should things go sour. PM your email address and I...