Leases of retail, office and industrial premises in England and Wales, and a licence for alterations. Each one is drafted from the heads of terms you agree.
A shop that forms part of a bigger building or parade the landlord owns, such as a shop where the landlord keeps the upper parts. The landlord is responsible for the structure and recovers the cost of maintaining and repairing it through a service charge.
Whole of a building
The whole of a retail building, for example a shop together with the upper parts. The tenant is responsible for repairs, including the structure.
Office lease
A lease of office premises.
Part of a building
An office that forms part of a bigger building. The lease covers the interior, and the exterior is dealt with through a service charge.
Whole of a building
The whole of an office building. The structure is included in the lease.
Industrial lease
A lease of premises for industrial use.
Part of a building
Part of a larger building, let for industrial use.
Unit on an estate
An industrial unit on an estate. It may include parking or land, and there is an estate service charge.
Standalone unit
The whole of a standalone industrial unit. It may include parking or land, but there are no common parts, so no service charge.
Licence for alterations
Grants the tenant the right to make alterations to the premises.
Produced along the way
Where the deal needs them, the platform also prepares:
The 1954 Act notice and declaration
If the lease is contracted out, the warning notice and the tenant’s declaration. How contracting out works.
A tenancy at will
If the tenant moves in during the 14 days after a simple declaration, a tenancy at will covers that period.
A rent deposit deed
If the tenant pays a rent deposit, the deed that sets out how it’s held.
Lender consent to lease
If the landlord’s property is mortgaged, an application to the lender for consent to the lease, prepared from the agreed heads of terms.