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

Commercial Lease is the legal document which sets out the rights and responsibilities of both landlord and tenant of a commercial premises.
There are two kinds of Commercial Leases:-
  • 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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