Simple lease of shop or other self sufficient building for
business purposes, including all provisions a landlord might
require. Suitable where your lease is less than seven years
About this document
This document favours and protects the interests of the landlord. While it is fair to both parties, it is for a tenant to challenge the provisions which may not suit his circumstances.
This lease is suitable for:
Any self contained, shop or similar property, with or without ancillary accommodation, and on one or more floors.
Which to use?
• A residential letting
• Premises that are part of a large, multi-let building
• Market stall or concession
Application
and features
Suitable for a business letting of offices, workshop, factory, shop and others, premises which are part of a larger set of buildings, for example, a shop or a workshop
Not suitable for a residential letting alone or premises that are part of a large, multi-let building
Comprehensive provisions provide ideas for you to mould
Real law in plain English
Explanatory notes to guide you
Contents
Guarantor: essential if tenant is a limited company
Rent: paid monthly in advance, but can be changed to suit you
Payment provisions: all payments the tenant might have to make
Use allowed: including list of prohibited activities
Landlord's access: to view or show prospective lenders or buyers
Rent review: reviewed 3 yearly, upwards only
Repairs: tenant must maintain in same condition (not better)
Decoration: tenant to decorate in third year and at end of lease period
Insurance: landlord insures, tenant reimburses premium as insurance rent
Transfer of lease: tenant can transfer all premises with consent; no transfer of part only
Sub letting forbidden
Termination: what happens
And many other usual provisions to protect your interest
Word
Count (approximate):
Document: 2840
words
Explanatory notes:
1615
words
Draftsman
This document is drawn and maintained by Net Lawman. It is real law in plain English.
