Depending on what you need and can afford, our advice will bring out the relevant points for you to consider in deciding to enter into a lease.
Commercial and retail leases contain many standard and some specific clauses.
Where you locate your business is important.
You should ensure that your lease is written correctly, so you do not have to move or change some important part of your business operations.
Before relocating your business ask for a copy of the proposed or new lease and discuss each clause in it and its implications with your Solicitor.
Retail or commercial leases typically require advice prior to execution, to address parties, rent, taxes, outgoings, repairs and maintenance, insurance, land tax, utilities, term and option renewals, rent reviews, guarantees and bond.
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Common Partners & Shareholders Questions
In each lease, we provide a written advice and take you through the clauses that most relevantly apply to your situation. You need to consider if you can you afford the bond, the monthly lease payments and final repairs obligations.