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Commercial leases

Posted on 20 June '14 by , under Legal.

There are several issues that you should always be addressed before signing a commercial lease. If there is a right or obligation that is not detailed in the lease then it may lead to conflict between your business and your landlord. Some checkpoints include:
-How much signage you’re allowed to put up and where
-Use of facilities such as toilets that may be shared with other businesses (if your lease is in a complex)
-Car parking for both staff and visitors
-Access to the premises outside of business hours
-An exclusivity of trade clause. This will protect you against having a direct competitor set up within your immediate vicinity.
-An option for renewal at the end of your commercial lease