RICS Small Business Retail Lease
This lease is has been drafted specifically for high street retail property. It is written in plain English and provides flexible terms for a short term lease (of up to 5 years) with no rent review.
A lease is a binding contract in law and signing a lease on a property is one of the most significant financial commitments that a business can make. As a tenant it is essential that your lease matches your business requirements and that your fully understand all of its terms and conditions.
The lease should be read in conjunction with the explanatory notes and the Code for Leasing Business Premises at www.leasingbusinesspremises.co.uk