Commercial Lease Review – Protect Your Business from Hidden Risks

What We Cover in Commercial Lease Reviews

Understanding Commercial Lease Agreements 

 

Signing a commercial lease is one of the most important decisions a business owner can make. A lease is more than just rent payments—it includes legal responsibilities, maintenance obligations, and potential hidden costs that could impact your business long-term. 

At Caspian Legal, we help business owners and tenants understand their lease agreements, negotiate better terms, and avoid costly mistakes. 

Key Factors to Consider in a Commercial Lease

✔️ Lease Term & Renewal Options – Clarify lease duration and renewal rights (e.g., 5+3+3 lease). 
✔️ Rent & Outgoings – Understand base rent, rate increases, and hidden costs like taxes and utilities. 
✔️ Security Deposit & Bank Guarantee – Ensure fair terms for deposit refunds and lease security. 
✔️ Maintenance & Repairs – Who is responsible for structural and cosmetic repairs? 
✔️ Fit-Out & Alterations – Confirm landlord approval and cost responsibilities for any changes. 
✔️ Demolition Clause – Check if the landlord can terminate your lease for redevelopment. 
✔️ Promotion Levy & Percentage Rent – Shopping centres may require marketing fees or revenue-based rent. 
✔️ Pandemic & Force Majeure Clauses – Does the lease protect you during unforeseen disruptions? 
✔️ Disruption Due to Repairs or Construction – Are there rent reductions for major landlord-initiated disruptions? 
✔️ Legal Costs – Confirm who is responsible for lease preparation and registration fees. 

Commercial Lease Process – What to Expect

📌 1. Initial Lease Review – A thorough legal review of the lease terms and potential risks. 
📌 2. Independent Legal Advice – Understanding your rights and obligations before signing. 
📌 3. Lease Negotiation – Adjusting unfair terms, such as maintenance obligations or demolition clauses. 
📌 4. Signing the Lease – Finalising the agreement and providing a security deposit or bank guarantee. 
📌 5. Managing Lease Obligations – Ensuring compliance with rent payments, repairs, and licences. 
📌 6. End of Lease or Renewal – Reviewing ‘make-good’ provisions and renewal options. 

Why Choose Caspian Legal?

Google Reviews

We’re proud to be a highly rated firm. See what our clients say:

Contact Us Today

Need help reviewing your commercial lease? Book a $99 half-hour consultation with Caspian Legal today. We will guide you through the key terms, potential risks, and negotiation strategies to protect your business. 🏢⚖️