Commercial property licence

To occupy business premises
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Key features

This licence agreement provides the legal framework to let spare office rooms, workshops or other business space to other businesses without creating a lease under the Lease of Land Act 1969.
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  • Length:2 pages (400 words)
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About this commercial property licence agreement

This agreement creates a licence to occupy commercial premises, not a lease. The difference is important because a lease creates an interest in land and gives the tenant additional rights - particularly with respect to stay in the property when the lease term expires.

This property licence includes minimal and usual provisions in simple format, specifically to avoid it being interpreted as a lease.

The document might be used to:

  • let spare office rooms, unused workshops or warehouse space to another business
  • bring in another trader on a shop floor
  • rent office space on a short term, flexible basis, for example as 'incubator' space for start-up businesses
  • let a parcel of spare land to another business to store vehicles or machinery

This document has been carefully drawn so as to avoid being interpreted as a lease under Lease of Land Act 1969.

Similar documents

If you need a lease rather than a licence to occupy, we have a large collection of business lease agreement templates for all types of property.

The document is not suitable for residential property. For that, see our documents within the category Lodger agreements and licences, or our standard lodger agreement.

Contents

  • Property details
  • Licence fee
  • Licence fee inclusions such as services and rates
  • Payment provisions: all payments the tenant might have to make
  • Use allowed: restrictions on how the occupier can use the property
Sample commercial property licenceFront cover

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Exactly Required
11 January 2017
I gave me what I was looking for in a simple and concise manner. Also the buying process is efficient and fast.
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01 September 2020
The template was simple to purchase, available to access immediately and very user friendly. The supporting notes and guide to assist completing the template were also great resources.
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03 February 2019
The document provided a good base for me to edit to suit my needs. It was a cheap option to then take to a local lawyer to check I was protected.
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