Commercial Leasing in Forster

Before signing a commercial lease, review the terms carefully, including rent, outgoings, lease duration and renewal options. Pay attention to clauses on rent increases, repairs, maintenance responsibilities and exit terms. 

It’s essential to ensure the lease aligns with your business’s financial and operational goals. A legal professional can help identify unfavourable terms, negotiate better conditions and ensure you fully understand your obligations.

A gross lease includes all costs, such as rent and outgoings (e.g., maintenance, rates and utilities), in a single monthly payment. A net lease requires tenants to pay rent plus additional expenses, like council rates or insurance, which can vary depending on the agreement. 

Understanding these differences helps you plan expenses more effectively and avoids surprises. Always clarify which lease type applies before signing.

Yes, commercial lease terms are often negotiable, particularly regarding rent, lease length, renewal options and fit-out contributions. Negotiating upfront can save you significant costs and risks over the lease term. 

Engaging a legal professional helps ensure you know what terms to challenge, such as annual rent increases or liabilities for repairs. Effective negotiation leads to an agreement that suits both parties.

Ending a commercial lease early can trigger penalties, including paying out remaining rent or covering the landlord’s financial losses. Review the break clause or termination terms in your lease to understand your options. Subletting or assigning the lease to another tenant is sometimes allowed but requires the landlord’s approval. A lawyer can help you negotiate a fair exit strategy and minimise financial impacts.