Commercial Lease Template
A commercial lease governs the letting of business premises and is typically more negotiable and complex than a residential tenancy. Key terms include rent, repairs, and security of tenure.
What this commercial lease covers
- Rent, review and term
- Repairing obligations
- Permitted use
- Break clauses
- Whether the lease is inside or outside the 1954 Act
When you need a commercial lease
- Letting or renting business premises
- Setting up shop, office or industrial space
- Agreeing commercial property terms
The legal framework
Understanding the law behind a commercial lease helps you use it well. Here is the key UK legislation that applies:
Frequently asked questions
What is security of tenure?
Under the Landlord and Tenant Act 1954, business tenants may have the right to renew their lease unless it's been contracted out.
What is a break clause?
A clause letting one or both parties end the lease early on set conditions, giving flexibility on a longer term.
How Legal Lift helps
Answer a few plain-English questions and our AI generator produces a tailored commercial lease, ready to edit, download as PDF or Word. Every template is kept current with UK law, and our SRA-regulated solicitor partners are available if you'd like it reviewed.