Retail & Commercial Leases
Whether you are a tenant or a landlord, leasing business premises is an important investment decision. Milestone Legal can assist in the drafting and negotiation of your lease and ensure you understand your rights and obligations under the lease. Our legal services can also assist clients with disputes that may arise from leasing issues.
There are significant differences between retail and commercial leases, a retail lease, in particular, can be complex and fraught with potential problems with far-reaching implications.
Retail Lease
Setting up a business and fitting out the new premises can be costly, so having a solicitor review your retail lease is important. You need a thorough understanding of your lease terms, obligations and rights as well as that of your landlord.
In retail leases, such as a local retail shop or a business located in a large or small shopping centre, contracts are unregulated. Tenants are not on an equal bargaining footing with the landlord and there are additional obligations placed on landlords.
In recent years, the Retail Leases Act in New South Wales has made significant changes which influence the negotiation and drafting of leases for retail businesses. Milestone Legal offer up to date and informed advice based on the very latest changes to these laws.
With serious consequences for non-compliance with the obligations in your lease, retail leases require the services of an expert solicitor with a deep understanding of the law to help now and prevent future issues, discrepancies and potential court visits.
‘I have found Milestone Legal to be trustworthy and professional whenever I have appointed it to act on my behalf in commercial leases and the business. With them, I have successfully leased business premises with Westfield and Master Homes Improvement Pty. Ltd.’
Tariq Ahmed Khan, owner of MY RUGS AND HOMEWARE PTY LTD
Commercial Lease
Commercial leases are usually for offices, warehouse and industrial sites and use the relevant property and conveyancing legislation for contracts. The extent of the tenant’s liability can be negotiated.
As a tenant, Milestone Legal can review your retail or commercial lease contracts provided by your landlord and negotiate any amendments or changes of the terms of lease on your behalf.
For landlords, Milestone Legal can provide expert legal advice drafting your retail or commercial lease, to ensure the occupancy agreements meet your commercial goals and expectations.
Our services include
- Reviewing and Drafting retail and commercial leases
- Negotiation of leases with landlords and shopping centres
- Assignment of lease
- Transfer of leases
- Sub-leasing
- Licensing Agreements
- Lease disputes Litigation
- Registration of lease with NSW land register services.
- Advise and disputes between landlords and tenants
Milestone Legal also offer a comprehensive range of business legal services for commercial clients – from litigation, conveyancing to contract law for startups, corporations and partnerships.
Call now to see how Milestone Legal can help you.
