Retail & Commercial Lease Sydney

Are you a tenant entering a lease? Or does your business require a lease to start? What kind of lease do you require? All of these questions can be confusing for a common man and there is a lot to consider when it comes to commercial and retail leases. That is why you require a professional Leasing Lawyer to help you to review all the documents carefully before signing and provide you with legal advice. But before that, let’s understand the difference between the two types of leases; retail & commercial.

What is a Commercial Lease?

An agreement between a landlord / lessor and a tenant / lessee is called a commercial lease.

What is a Retail Lease?

A Retail lease is similar to a commercial lease but it is used for a retail shop business.

Importance of Retail & Commercial Lease in Sydney

Both retail and commercial lease in Sydney attracts additional protection under the law. That is why it is crucial to determine what type of lease is required for your business.

Who can help with The Lease?

Leasing Lawyers at Conveyancing Sydney helps with any kind of lease and provides legal advice when you enter a lease.

Our leasing lawyers are able to provide you with specialist advice and assistance on all issues of commercial and retail leasing in Sydney, including:

1.  The interpretation of leases and related legislation
2.  Assisting with the resolution of disputes between a landlord and tenant during the term of a lease and at the termination.
3.  Preparing standard form and custom-made leases and associated documentation

Factors to consider before signing a Retail Lease:

1.  Is there a market for your business?
2.  Make sure rent is fair market value.
3.  Choose an adequate lease term just in case you decide to sell your business.
4.  Get legal advice from a leasing lawyer before signing the lease.

Factors to consider before signing a Commercial Lease:

1.  Term of lease
2.  Security of tenure
3.  Rent review clause to change the initial contractually agreed rent.
4.  Alienation to authorize the tenant to transfer the lease to a third party
5.  Break Clause to end the lease formally

Contact Us:

Give Conveyancing Sydney a call at (02) 8084 2764 to get some legal advice for your lease from our experienced Leasing Lawyers. You can also send us an email at info@conveyancingsydney.net.au for any solicitor or conveyancing related query. Get in touch today to organise a consultation.