an employee is then able to occupy the property as a licensee of the tenant. (it is important to remember that the company is fully accountable for default of payments of any of these costs). the tenancy agreementit is not possible to use an assured shorthold tenancy agreement for a corporate let. occasionally companies request a premium lease, which can vary in term from two to four years, under which all the rent is paid annually in advance. this means that the tenant can only break if the occupant is being relocated outside a 30 mile radius of the property, or ceases to be employed by the company.