When leasing business premises in is important to have a written agreement setting out the duties and responsibilities of the parties, particularly in relation to the repair and maintenance of the building being rented.
The Cickdocs business property leases are for use in letting any type of commercial property to a business or individual tenant. We offer commercial lease templates for a long-term lease or for a short-term lease (from a few months up to two or three years). We also offer the statutory notices required in England and Wales for the landlord and tenant to enter into a commercial tenancy agreement without the security of tenure provided by the Landlord and Tenant Act 1954 (i.e. an 'opted out' tenancy).
A commercial tenancy agreement (as opposed to a licence to occupy) grants exclusive possession upon the tenant. This means that the Landlord cannot enter except in certain circumstances outlined in the lease and, subject to any rights reserved to the landlord, the tenant can exclude anyone else from the property and can exercise all the rights of the owner in respect of the lease, such as allowing a sub tenant to occupy the premises under a sublease agreement. A commercial lease creates an interest in property and must therefore be granted for a distinct period of time but can roll on beyond the fixed term detailed in the contract. In such circumstances it will become a 'tenancy at will' and will then be terminable by notice.