This template was updated in 2017 to give the Landlord rights relating to the Minimum Energy Efficiency Standards which 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. The Lease must be executed as a deed. Various types of execution clauses are included and the parties should choose the appropriate clauses. The First Schedule sets out the rights that the Tenant has to use other property. These rights should be checked carefully and amended or deleted to suit the circumstances. The Second Schedule sets out the rights that the Landlord has in respect of the Premises, including rights of entry and the right to carry out work to neighbouring property. If any additional rights are required they should be added to the Second Schedule. The Third Schedule has a set of regulations the Tenant must comply with. Under Clause 3.1.30 the Landlord has the right to make further regulations from time to time for the better management and control of the Premises. Optional phrases / clauses are enclosed in square brackets. These should be read carefully and selected so as to be compatible with one another. Unused options should be removed from the document. This Lease of Self-Contained Shop is in open format. Either enter the requisite details in the highlighted fields or adjust the wording to suit your purposes. Once you have purchased access to the appropriate document folder click on the “Download Document”. You will be asked what you want to do with the file. It is recommended that you save the document to a location of your choice prior to viewing.