Unless the Tenant has the absolute right to assign the lease without Landlord's consent, you may not have many options. One question is whether you are a better credit risk than the current Tenant. If you can prove you are the more viable tenant (via financial statements, landlord & bank references, business experience, etc) the Landlord may be willing to work with you. Also, find out if the current tenant has been late with rent, or has had any problems with the LL. If so, you can out yourself in a good bargaining position. Landlords simply want good tenants who will pay the rent, run a good business, and take care of their premises. Show them you will do that and you will be in a position to get what you need for your business.
Jan 9, 2012