Workshop, factory, barn lease

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 Landlords 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.

If you are letting for more than three years, you will need to register your completed lease. The address of the office is below. The staff at the registration office are helpful and the process is simple. You can do that yourself too.

However, the tenant must have taken legal advice from a solicitor. That is no reason why you should pay a solicitor $5,000 too. However, if you are concerned, you can still take your Net Lawman lease to your solicitor for advice in any area that worries you. We do not claim to replace solicitors but merely to empower you to do what legal you can do personally.

Similar lease agreements

There is no provision for service charge recovery in this document. If you need this, perhaps because the unit shares services with others or is part of an industrial estate, see Business lease: unit on industrial park.

If the property will be used as offices, Self contained office lease agreement may be more appropriate.

If the property is mainly land, with plant or buildings, Business lease: land, either vacant or with plant or buildings may be more appropriate.

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

Most commercial leases are governed by property laws which are similar from one state to another. The exception is retail leases, which are subject to state/territory retail lease law,

If the term of this lease is longer than three years it must be registered at the Land Title Office at:

https://www.nswlrs.com.auhttps://nt.gov.au/property/land/contacts/contact-a-land-titles-office https://www.resources.qld.gov.au/?contact=titles_registry https://www.landservices.com.auhttps://nre.tas.gov.au/land-tasmania/land-titles-office https://www.landata.onlinehttps://www0.landgate.wa.gov.au

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
• stamp duty
• Schedule 1: rights reserved