Simple commercial lease agreement template uk

Other Names: FRI Lease Full Repairing and Insuring Lease Commercial Lease Agreement Commercial Lease Terms Commercial Lease of the Whole Property

What we'll cover

• About Commercial Leases
• Commercial Lease FAQs
• Commercial Lease checklist

What is a Commercial Lease?

A Commercial Lease is an agreement between a landlord and a business for the rental of a property. Commercial Leases allow a business to use a property for certain commercial purposes and set out the rights and obligations of each party under the lease.

For use in England and Wales only.

When should I use a Commercial Lease?

Use this Commercial Lease template:

• if you are the freeholder of a whole building and want to rent out the whole building as an office, warehouse for storage, shop, restaurant, or café
• to create a lease for a maximum of 3 years
• when you want to create a full repairing and insuring (FRI) lease
• to set out the tenant's obligations in respect of the property (eg repairing and maintaining obligations)