Commercial Lease Template
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At a Glance
Commercial & Retail Lease Agreement includes Lease (Commercial, General) which is a general commercial lease that can be adapted to most uses. Suitable for most general commercial properties.
Commercial Lease
This commercial lease template provides a robust framework for leasing any commercial premises. It sets out clearly the rights and obligations of both landlord (lessor) and tenant (lessee), offering flexibility and legal clarity for business-use properties.
What This Lease Covers
• Term of lease, options to renew and termination provisions
• Rent, rent reviews (CPI or market) and tenant contributions
• Outgoings, rates and payment responsibilities
• Repairs, maintenance and make-good obligations
• Insurance, indemnities and limitation of liability
• Assignment, sub-letting and transfer conditions
• Defaults, notices and dispute resolution procedures
✅ Free Checklist: Acting for the Lessee • ✅ Free Checklist: Acting for the Lessor • 📘 Free Legal Drafting Booklet
Why Use This Template?
• Suitable for a wide range of commercial premises — offices, warehouses, retail, light industrial
• Clearly allocates landlord and tenant obligations and protects both parties
• Includes essential commercial lease terms like rent review, options and assignment
• Fully editable and easy to customise for specific premises and business needs
Suitable For
This precedent is ideal for landlords, tenants, property lawyers and leasing agents in need of a well-structured commercial lease template for business premises.
INCLUDES
- 1. Retail Commercial Lease: wherever goods or services are being sold to the public from the premises, and;
- 2. Non-Retail Commercial Lease: wherever the premises will not be used to sell goods or services to the public, but will still be used for business purposes (e.g. offices, warehouses).
Our Lease (Commercial, General) is 54 pages long and includes:-
- Part 1 Definintion & Interpretation
- Part 2 Rent and Outgoing
- Part 3 Abatement
- Part 4 Resumption & Easements
- Part 5 Use of Premises
- Part 6 Assignment
- Part 7 Maintenance, Repart, Alteration
- Part 8 Environmental Clauses
- Part 9 Airconditions, Fire equipments, Lifts and Escalators
- Part 10 Electricity and other services
- Part 11 Option to Renew
- Part 12 Insurance Requirements
- Part 13 Indemnities
- Part 14 Attorney
- Part 15 Quiet Enjoyment & Holding Over
- Part 16 Default and Termination
- Part 17 Common Areas
- Part 18 Miscellaneous
- Part 19 Guarantors
- Part 20 Bank Guarantee
- Part 21 Execution and Registration
- Part 22 Mortgage Consent
- Part 23 Trusts
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