Workshop, factory, barn lease

This is a comprehensive and easy to use lease for letting a workshop, barn or other self contained building of any size, for industrial, storage or mixed use. Features: guarantor provision; break provision; rent review options; options for assignment; no sub-letting; no management or service charge.

Price R999.00
  • Solicitor approved
  • Plain English makes editing easy
  • Guidance notes included
  • Money back guarantee
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About this workshop lease

This comprehensive lease is for letting a stand-alone workshop, factory, warehouse or light industrial unit which does not share services with any other unit. The building could be used for anything: from a car repair garage to a machining workshop to an aircraft hangar.

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.

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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
  • 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

This document has been drawn so as to make it applicable to the vast majority of leasing scenarios without making it difficult to edit.

The law in this workshop 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 template contents

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

The contents include 25 provisions and 1 schedule covering:

  • rent: period, amount, other payments, interest on overdue rent, periodic review
  • 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: rights reserved
Draftsman

This document was written by a solicitor for Net Lawman. It complies with current South Africa law.

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