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Lease of self contained office building
This Lease should be used to let an office building for a term of five years or less where the premises are self-contained and the Landlord does not provide any services.
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This Lease of Self-Contained Office Building is one of a number of five-year leases for office premises: • Lease of Self-Contained Office Building; • Lease of Self-Contained Office Building (Complies with Lease Code); • Lease of Office(s) in a Shared Building; • Lease of Office over a Shop; • Underlease of Part of Office Building. There are also leases of other types of property and leases with longer terms. If you are not sure which lease is right for you, please consult the Lease Comparison Matrix. This Lease should be used to let an office building for a term of five years or less where the premises are self-contained and the Landlord does not provide any services. Because of the short term, there are no rent review provisions. The Tenant’s right to security of tenure is excluded. Assignment of the whole of the Lease is permitted but underletting is prohibited. There are optional break clauses. This template was updated in 2017 to give the Landlord rights relating to the Minimum Energy Efficiency Standards that came into force in April 2018. This Lease has Land Registry Prescribed Clauses at the beginning. These are not strictly necessary for a lease with a term of less than 7 years but they are included as they helpfully record the main terms. Prescribed Clause LR3 includes a field for an optional Guarantor. If there is no Guarantor, this field can be left blank and Clause 10 (Guarantor’s covenant) should be deleted. Prescribed Clause LR4 makes optional reference to a plan. It is strongly recommended that a plan is included so that the extent of the property is clear. The plan should as a minimum show with red edging the property that is being leased to the Tenant. The plan may also need to show the areas (if any) over which rights are granted to the Tenant in the First Schedule to the Lease if these areas cannot be adequately described in words.
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Lawyer 365
Lawyer 365
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Lease of Self-Contained Office Building
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Lease of self contained office building
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Open uri20210716 13730 3hwifw?1626429899 Lawyer 365
Description
This Lease of Self-Contained Office Building is one of a number of five-year leases for office premises: • Lease of Self-Contained Office Building; • Lease of Self-Contained Office Building (Complies with Lease Code); • Lease of Office(s) in a Shared Building; • Lease of Office over a Shop; • Underlease of Part of Office Building. There are also leases of other types of property and leases with longer terms. If you are not sure which lease is right for you, please consult the Lease Comparison Matrix. This Lease should be used to let an office building for a term of five years or less where the premises are self-contained and the Landlord does not provide any services. Because of the short term, there are no rent review provisions. The Tenant’s right to security of tenure is excluded. Assignment of the whole of the Lease is permitted but underletting is prohibited. There are optional break clauses. This template was updated in 2017 to give the Landlord rights relating to the Minimum Energy Efficiency Standards that came into force in April 2018. This Lease has Land Registry Prescribed Clauses at the beginning. These are not strictly necessary for a lease with a term of less than 7 years but they are included as they helpfully record the main terms. Prescribed Clause LR3 includes a field for an optional Guarantor. If there is no Guarantor, this field can be left blank and Clause 10 (Guarantor’s covenant) should be deleted. Prescribed Clause LR4 makes optional reference to a plan. It is strongly recommended that a plan is included so that the extent of the property is clear. The plan should as a minimum show with red edging the property that is being leased to the Tenant. The plan may also need to show the areas (if any) over which rights are granted to the Tenant in the First Schedule to the Lease if these areas cannot be adequately described in words.
This Lease should be used to let an office building for a term of five years or less where the premises are self-contained and the Landlord does not provide any services.
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1 Document
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Lease of Self-Contained Office Building
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Lawyer 365
Lawyer 365
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