Commercial Lease Agreement Form Template for England and Wales

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Key Requirements PROMPT example:

Commercial Lease Agreement Form

"I need a Commercial Lease Agreement Form for a retail unit in Manchester city centre, with a 10-year term starting from March 2025, including break clauses at years 3 and 6, and specific provisions for shop front signage and extended trading hours."

Document background
The Commercial Lease Agreement Form is essential for any business property letting in England and Wales. It serves as the primary document governing the relationship between commercial landlords and tenants, protecting both parties' interests and ensuring legal compliance. This agreement is particularly crucial as it covers critical aspects such as rent, term length, repair obligations, and service charges, while incorporating relevant statutory requirements. It should be tailored to specific circumstances while maintaining compliance with English and Welsh property law, particularly the Landlord and Tenant Act 1954.
Suggested Sections

1. Parties: Identification of landlord and tenant with full legal details

2. Background: Context of the lease and property description

3. Definitions: Key terms used throughout the lease

4. Demise: The actual grant of the lease and term length

5. Rent and Payment Terms: Rent amount, payment dates, and review provisions

6. Tenant Covenants: Tenant's obligations under the lease

7. Landlord Covenants: Landlord's obligations under the lease

8. Insurance Provisions: Insurance requirements and obligations

9. Termination Rights: Break clauses and termination provisions

Optional Sections

1. Service Charge Provisions: Details of service charge calculations and payments - used for multi-let properties or where services are provided

2. Alterations and Improvements: Rights and restrictions regarding property modifications - used for longer leases or where alterations might be needed

3. Green Lease Provisions: Environmental performance obligations - used for modern commercial properties with sustainability focus

Suggested Schedules

1. Property Plan: Detailed plan showing the demised premises

2. State of Condition: Schedule recording property condition at lease start

3. Rights Granted: Detailed list of rights granted to tenant

4. Rights Reserved: Detailed list of rights reserved by landlord

5. Service Charge Schedule: Detailed breakdown of service charge items and calculations

6. Rent Review Provisions: Detailed rent review mechanisms and procedures

7. Permitted Use: Detailed description of permitted use of premises

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Industries

Landlord and Tenant Act 1954: Core legislation governing business tenancies, particularly Part II which deals with security of tenure for business tenants, including rights of renewal and termination procedures, and provisions for contracting out

Law of Property Act 1925: Fundamental property law legislation establishing basic principles, requirements for legal estates, and registration requirements for property transactions

Landlord and Tenant (Covenants) Act 1995: Governs the privity of contract provisions, assignments and guarantees in commercial leases

Regulatory Reform (Business Tenancies) (England and Wales) Order 2003: Contains modifications and updates to the 1954 Act procedures for business tenancies

Health and Safety at Work Act 1974: Establishes safety obligations and requirements for commercial premises

Environmental Protection Act 1990: Sets out environmental obligations and waste management requirements for commercial properties

Energy Performance of Buildings (England and Wales) Regulations 2012: Mandates energy performance certificate requirements for commercial buildings

Equality Act 2010: Establishes non-discrimination provisions and accessibility requirements for commercial premises

Control of Asbestos Regulations 2012: Details obligations for asbestos management in commercial buildings

Fire Safety Order 2005: Specifies fire safety obligations and requirements for commercial properties

Town and Country Planning Act 1990: Governs use class considerations and planning permission requirements for commercial properties

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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