Description and usage Commercial Lease of Business Premises (under 7 years) This commercial lease template is a comprehensive document and also includes the forms and wording required under the latest regulations to exclude the security of tenure provisions of the Landlord & Tenant Act 1954. It contains 15 clauses plus schedules covering: - definitions
- grant of lease
- rent and other payments
- tenant’s obligations
- landlord’s obligations
- alterations
- rent review
- termination
- rent suspension
- expiry of lease
- assignment, subletting and charge
- governing law and disputes
- notices
- statutory matters
- entire agreement and exclusion of representations
Detailed Schedules are included. It is designed for use when the lease is for less than 7 years. This commercial lease template is for use in England and Wales. For a longer lease please see our Commercial Lease (over 7 years) What's in it? - See detailed Explanatory Notes below
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