Commercial Leases

A commercial lease give you the legal right to occupy the premises agreed upon with all the terms set out in the lease between a lessor and a lessee. It is important to have a lease as it protects both parties by setting out all the terms as agreed upon. A lease further ensures that you can operate your business from the premises.

Most commercial leases will require the tenant to take the premises as they are, and to keep that as they were upon return.

It is important that the lease contains express provisions in order to protect from things like damage to premises, destroyed premises, what happens to the payment of rent if the premise is destroyed and many other important implications for both sides of the agreement.

Before entering a commercial lease it is important to know the price of the rent but it is equally important to know the "outgoings" that you will be liable to pay. Outgoings are things such as council rates, cleaning, water rates, land tax, strata or other levies, security, management fees etcetera. Your lease document should set out the types of things you will be liable for as well as the percentage that you would have to pay. However a prospective tenant can get an expert's opinion regarding the cost of the outgoings, which we can organise for you.

If you would like more information or assistance with a Commercial Lease. Complete and submit the Express Enquiry form on the top right hand side of this page and we will contact you to discuss your enquiry or call us on 1300 QUINNS (1300 784 667) or on +61 2 9223 9166 to arrange an appointment.