Industrial Leases
Industrial leases include factory floors, warehouses, showrooms, storage buildings, bulky goods, workshops & high clearance
Industrial leases require special attention to the terms of the lease, particularly in relation to structural maintenance and repairs and the obligations of the tenant to restore or refurbish the premises at the end of the lease.
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Leases Retail
The Law Company has extensive experience in acting for both landlords and tenants of retail leases and dispute resolution and mediation on leasing issues.
For landlords, we offer expertise in:
preparation and negotiations of lease agreements for retail premises including premises in shopping complexes
preparation and negotiations of licence agreements for retail premises
preparation of landlord's disclosure statements for retail premises
advising on lease administration
For tenants, we can assist in various aspects including:
negotiations of lease agreements for retail premises
liaising with landlords and negotiations in assignment of lease situations
reviewing landlord's disclosure statements
We can advise on associated matters such as whether there are any parking rights and also any Body Corporate responsibilities (if applicable).
We can review and negotiate your retail lease so that you have certainty with regard to the key terms along with the comfort that there no "hidden" terms that will later become detrimental to your business.
Amongst other things, you should consider:
the initial rent and method of increasing the rent;
your ability to transfer or assign the lease, and the expense of doing so;
the possibility of subletting the premises;
your rights to end the lease if the premises is damaged or destroyed;
duration of the lease and your right to renew it;
who pays for outgoing and other charges;
the types of insurance required and who contains it;
the consequences of failing to pay rent; and
ways of resolving disputes.
Michael McHugh BA LLB (Hons) is an Accredited Specialist in Property Law.
Call The Law Company on 1800 NSW LAW
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