Main Issues to Consider In a Commercial Lease in Australia

If you are thinking of setting up a business, then either you have your eye set on a property or are scouring the market for the suitable commercial setup. If you don’t have the finances to buy the property at once, then you must surely be looking through different leasing options on offer. Commercial leasing in Australia for small businesses is quite common, and that is why there are many options available to accommodate the needs of different businesses in the segment.

While commercial leasing is a good option for anyone trying to setup a new business, there are also some important issues and regulations linked with the process. If you want to make sure that there are no legal irregularities, then you need to pay close attention to meeting all the requirements without error.

Some of the important issues related to commercial leasing for small businesses in Australia, include the following,

Rights as a Tenant

The lease details all your rights and related obligations as a tenant. If you want to make any changes or add any adjoining space to the property, then make sure that you have the right to do it, under the negotiation terms made with your landlord. Some important rights as a tenant that you would probably want to include in your lease documents include,

  • Use of any common area
  • Access to all areas of the premises
  • Use of certain facilities like toilets
  • Putting up additional shelving and partitioning
  • Putting up any sign on the property

It is important that you discuss all the details before signing a lease contract.

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