Business lease

Unit on industrial estate
6 Reviews
Select support levelCompare
Recommended

Document overview

A comprehensive, professionally drawn business lease for a unit on an industrial estate or a business park. The use could be for any purpose, such as a workshop, factory, depot or warehouse. The unit could be one of a block under one roof or a stand-alone building. The lease includes the use of shared services on the park or estate, such as security, access roads, signs and parking and many other practical points. All the features you would expect and many practical options.
Compliant
Compliant with the latest law
Document propertied
Document properties
  • Length:32 pages (8700 words)
  • Available in:
    MsWordMicrosoft Word DOCXApple pagesApple PagesRTFRTF
watertight guarantee
Backed by our watertight guarantee

If the document isn’t right for your circumstances for any reason, just tell us and we’ll refund you in full immediately.

writing in plain english
Written in plain English

We avoid legal terminology unless necessary. Plain English makes our documents easy to understand, easy to edit and more likely to be accepted.

Notes
Guidance notes included

You don’t need legal knowledge to use our documents. We explain what to edit and how in the guidance notes included at the end of the document.

email
Support from our legal team

Email us with questions about editing your document. Use our Lawyer Assist service if you’d like our legal team to check your document will do as you intend.

Update
Up to date with the latest law

Our documents comply with the latest relevant law. Our lawyers regularly review how new law affects each document in our library.

About this lease

This lease has been drawn for letting a unit on an industrial estate or business park. The use could be for any purpose, such as a workshop, factory, depot or warehouse. The unit could be one of a block under one roof or a stand-alone building. The lease includes the use of shared services on the park or estate, such as security, access roads, signs and parking and many other practical points. All the features you would expect and many practical options. Full service charge provisions are included.

This is a professionally drawn, very comprehensive lease with massive legal protection for the landlord including a long menu of “do’s” and “don’ts”.

This lease is not a compromise between the interests of the parties. It prefers the landlord’s interest. We think that is the best start point. If you wish to make concessions to your tenant, that is fine, but we want you have those choices.

It includes service charge provisions to provide 100% recovery of service costs.

Similar industrial lease agreements

If you want to let a stand-alone unit with no common services provided, you could look at Workshop, factory, barn lease.

Key features

Plain English is used throughout except where it is necessary to use legal terms common in this field of law.

The key features of this template can be summarised as:

  • standard guarantor
  • service charge provisions - specifically written for a unit that is part of an industrial estate or business park
  • options for transfer or assignment to another party
  • sub-letting forbidden
  • option to include a break clause for premature termination by the tenant
  • a choice of options for rent reviews
  • a draft agreement for a security deposit has also been included

The law in this lease

Business lease law is regulated primarily by the Lease of Land Act 1969. If the term of this lease is longer than ten years it must be registered at the Deed Registry Office at:

http://www.deeds.gov.za/ITSODeedsWebB/deedsweb/welcome.jsp

Lease contents

This lease agreement is comprehensive, providing alternative choices for important decisions.

The contents include 29 provisions and 3 schedules covering:

  • rent: period, amount, other payments, interest on overdue rent, periodic review
  • tenant’s warranties for authority
  • landlord’s warranties
  • condition and repair
  • tenant's positive obligations
  • restrictions on tenant: prohibited activities on the property
  • signs and advertisements
  • goods and vehicles
  • assignment of the lease
  • indemnities by the tenant
  • security deposit
  • insurance
  • access for landlord
  • guarantor
  • termination: default notice by landlord; provision for premature termination (a break clause)
  • forfeiture
  • Schedule 1: the service charge
  • Schedule 2: rights reserved
  • Schedule 3: draft agreement for a security deposit
Sample business leaseFront cover
Click to View Sample

Recent reviews

Great Service
01 May 2020
I wasn't sure which document was the most appropriate so I emailed an explanation of my needs. Often you never even receive a reply, but I got a very helpful email the next working day with suggestions of appropriate documents. The person who replied also offered to send me a second document free of charge if I was still unsure. Excellent service.
Carol Carter
Review of the United Kingdom version
Great Service
16 October 2019
Well priced and easy to understand and read. Good for basic DIY legals without the hassle of engaging solicitors. Would recommend
David Rynne
Review of the Australian version
Great Service
01 October 2019
The lease was very comprehensive, covering any situation. So it required some editing but the guidance notes were helpful. I now feel that I have a document which will enable me to deal with difficult situations. Thank you.
Roy Courtman
Review of the United Kingdom version
Read all 6 reviews

Choose the level of support you need

Document Only

Complete the document template yourself using our guidance notes
R499.00
  • ok This document
  • okDetailed guidance notes explaining how to edit each paragraph
Recommended

Lawyer Assist

Support from our legal team during and after editing
193 Reviews
R3,498.00
  • ok This document
  • okDetailed guidance notes explaining how to edit each paragraph
  • okUnlimited email support - ask our legal team any question related to completing the document
  • ok
    Review of your edited document by our legal team including:
    • reporting on whether your changes comply with the law
    • answering your questions about how to word a new clause or achieve an outcome
    • checking that your use of defined terms is correct and consistent
    • correcting spelling mistakes
    • reformatting the document ready to sign
© 2000 - 2024 Net Lawman Limited.
All rights reserved