Lease of shop in parade with flat over

2 Reviews
Select support levelCompare
Recommended

Document overview

This is a comprehensive lease for letting a shop or other retail unit with a flat or maisonette above for the tenant to live. The shop could be used for any purpose for example: sale of goods, restaurant, cafe or sale of services (e.g. estate agency or PC repair). Features: service charge provision; guarantor; break provision; rent review options; option for assignment; sub-letting not allowed; draft agreement for security deposit.
Compliant
Compliant with the latest law
Document propertied
Document properties
  • Length:35 pages (9850 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 is for a shop with a flat over. The shop will usually be in a parade.

The tenant could use the commercial space for any purpose including:

  • conventional retail of goods
  • restaurant or cafe
  • provision of services such as PC repair or estate agency

The shop may or may not have additional rooms used by the tenant for other business purposes, such as offices or storage.

If the shop is not part of a parade, the relevant paragraphs can be deleted easily and obviously.

The lease has been drawn to prefer the interest of the landlord rather than the tenant.

Similar commercial lease agreements

We offer similar leases for shops where the tenant does not live at the property.

Use Lock up shop lease agreement if the shop does not share services or facilities with other neighbouring shops owned by the same landlord.

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 lease template can be summarised as:

  • standard guarantor
  • tenant also lives at the property
  • 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

The law relating to 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

Document contents

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

The contents include 32 provisions and 3 schedules covering:

  • rent: period, amount, other payments, interest on overdue rent, periodic review
  • condition and repair
  • tenant's positive obligations
  • tenant's obligations for residential space
  • service charge recovery
  • restrictions on tenant: prohibited activities on the property
  • signs and advertisements
  • assignment of the lease
  • indemnities by the tenant
  • 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 lease of shop in parade with flat overFront cover
Click to View Sample

Recent reviews

Great Service
31 January 2017
This is the second commercial lease that I have purchased from New Lawman. Although the cost is greater than other available leases on the internet these are more detailed and specific so well worth the money.
The guide provided offers excellent support enabling an individual to 'personalize' details as necessary.
The service support available is an added bonus.
Overall, excellent value for money. Thank you.
Garry Hamilton
Review of the United Kingdom version
Great Service
13 October 2014
Great document, very quick and easy to download, contains all that you need and more. Very easy to edit, cannot give this any negative feedback.
Philip Cranage
Review of the United Kingdom version

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