Mackey Wales act for Landlords and Tenants to review and prepare retail and commercial leases.
Business premises leases are keys documents that govern and affect businesses over the entire lifespan of most businesses. It's therefore important that the terms of those documents adequately reflect the “deal” between the Landlord and the Tenant in proper and easy to follow terms. It is therefore important that you engage a commercial lawyer to review your lease before entering an arrangement that may have long term consequences on your business. The dangers with adopting a “standard” lease document is that they do not reflect negotiated terms or that they do not reflect the type of building or lease arrangements intended to be put in place. There are also increased legislative procedures that need to be followed to ensure the validity of the lease remains intact.
We can review and negotiate your retail or commercial lease so that you have certainty with regard to the key terms along with the comfort that there are no hidden or ambiguous terms that may later become detrimental to your building / business or the viability of selling either asset.