Compatible region(s): England & Wales

Short term lease of commercial premises with no rent review

Use this agreement if you own a commercial property in the UK and you're granting a short-term tenancy of no more than 7 years for properties in England and Wales, 20 years for properties in Scotland and 21 years for properties in Northern Ireland.

The lease is only appropriate for a self-contained building and shouldn't be used where there are shared facilities. It can be drafted for a maximum of 2 landlords and 2 tenants, who can be individuals (or sole traders), limited companies, business partnerships or limited liability partnerships.

For properties in England and Wales, there is an option to exclude the tenant's right to renew the lease, and the document contains the required notice to send to the tenant.

This document should only be used if the rent is fixed and intended to stay the same throughout the term. If the tenant doesn't pay the rent, you can end the lease.

For commercial properties in Northern Ireland, if the proposed term is for 5 years or more, we recommend that you use our 'Medium term lease of commercial premises', as it contains a rent review clause.

Law firm managed

Price: £199.00
As part of this service, Nelsons will complete a Limited Review which will include reviewing the answers you input to the system, answering any reasonable questions you may have and making minor changes required to ensure you receive a document that is suitable your requirements based on the answers you gave the system. The time we spend on your document is limited, but designed to fit most people’s needs. Should your document require significant extra work, we will provide you with a quote for the additional work.

Included in this service:

Short term lease of commercial premises with no rent review (Guidance Notes)