Mixed use lease

Shop in parade with residential space
2 Reviews
Select support levelCompare
Recommended

Document overview

This is a comprehensive mixed use lease for letting a shop or other retail unit that also has residential space used by the tenant, e.g. a shop with a flat above. The shop could be used for any purpose: retail of goods, restaurant, cafe or services. Features: short term: 1 to 5 years; service charge provision; guarantor; break provision; rent review options; option for assignment; sub-letting not allowed; draft agreement for security deposit.
Compliant
Compliant with the latest law
Document propertied
Document properties
  • Length:34 pages (9070 words)
  • Available in:
    MsWordMicrosoft Word DOCXApple pagesApple PagesRTFRTF
watertight guarantee
Backed by our watertight guarantee

If the document isn’t right for your circumstances for any reason, just tell us and we’ll refund you in full immediately.

writing in plain english
Written in plain English

We avoid legal terminology unless necessary. Plain English makes our documents easy to understand, easy to edit and more likely to be accepted.

Notes
Guidance notes included

You don’t need legal knowledge to use our documents. We explain what to edit and how in the guidance notes included at the end of the document.

email
Support from our legal team

Email us with questions about editing your document. Use our Lawyer Assist service if you’d like our legal team to check your document will do as you intend.

Update
Up to date with the latest law

Our documents comply with the latest relevant law. Our lawyers regularly review how new law affects each document in our library.

About this agreement

This mixed use lease should be used to let a commercial property that also includes residential space that will be used by the same tenant. The most common example would be a shop with a flat above.

The tenant could use the commercial space for any purpose including:

  • conventional retail of goods
  • restaurant or cafe
  • provision of services such as PC repair or estate agency

The shop may or may not have additional rooms used by the tenant for other business purposes, such as offices or storage.

The mixed use lease provides for the residential space to be part of the business letting. The agreement includes an extensive menu of tenants' covenants to protect every aspect of the landlord’s interest.

Paragraphs relating to a full recovery of a service charge allow this lease to be used for a shop that forms part of a parade owned by the same landlord and that shares common services with other units in the parade. However, the document could be amended to remove these clauses if the property is not neighboured by others belonging to the same landlord.

The document has been drawn to help protect the landlord's interests as greatly as possible.

Similar commercial lease agreements

We offer two similar leases for shops where the tenant does not live at the property as well.

Key features

Plain English is used throughout except where it is necessary to use legal terms common in this field of law.

The key features of this lease template can be summarised as:

  • term of 5 years or under (often called a short term lease)
  • standard guarantor
  • tenant also lives at the property
  • options for transfer or assignment to another party
  • sub-letting forbidden
  • option to include a break clause for premature termination by the tenant
  • a choice of options for rent reviews

This document has been drawn so as to make it applicable to the vast majority of leasing scenarios for mixed retail/residential use without making it difficult to edit.

The law relating to this lease

This lease is regulated primarily by:

  • the Landlord and Tenant Acts 1860-2005;
  • in particular the Landlord and Tenant (Amendment) Act 1980; and
  • the Landlord and Tenant (Amendment) Act 1994

In balancing the codes with the law and the interest of the Landlord, we have followed the codes where reasonable, but have preferred the interest of the Landlord where there may be a difference.

Document contents

This lease agreement is comprehensive, providing alternative choices for important decisions. The contents include 27 provisions and 3 schedules covering:

  • rent: period, amount, other payments, interest on overdue rent, periodic review
  • condition and repair
  • tenant's positive obligations
  • tenant's obligations for residential space
  • service charge recovery
  • restrictions on tenant: prohibited activities on the property
  • signs and advertisements
  • assignment of the lease
  • indemnities by the tenant
  • security deposit
  • insurance
  • access for landlord
  • guarantor
  • termination: default notice by landlord; provision for premature termination (a break clause)
  • forfeiture
  • Schedule 1: the service charge
  • Schedule 2: rights reserved
  • Schedule 3: draft agreement for a security deposit
Sample mixed use leaseFront cover

Recent reviews

Money Saver
31 January 2017
This is the second commercial lease that I have purchased from New Lawman. Although the cost is greater than other available leases on the internet these are more detailed and specific so well worth the money.
The guide provided offers excellent support enabling an individual to 'personalize' details as necessary.
The service support available is an added bonus.
Overall, excellent value for money. Thank you.
Garry Hamilton
Review of the United Kingdom version
Comprehensive
13 October 2014
Great document, very quick and easy to download, contains all that you need and more. Very easy to edit, cannot give this any negative feedback.
Philip Cranage
Review of the United Kingdom version

Choose the level of support you need

Document Only

Complete the document template yourself using our guidance notes
€49.00
  • ok This document
  • okDetailed guidance notes explaining how to edit each paragraph
Most Popular

Lawyer Assist

Support from our legal team during and after editing
203 Reviews
€199.00
  • ok This document
  • okDetailed guidance notes explaining how to edit each paragraph
  • okUnlimited email support - ask our legal team any question related to completing the document
  • ok
    Review of your edited document by our legal team including:
    • reporting on whether your changes comply with the law
    • answering your questions about how to word a new clause or achieve an outcome
    • checking that your use of defined terms is correct and consistent
    • correcting spelling mistakes
    • reformatting the document ready to sign
© 2000 - 2024 Net Lawman Limited.
All rights reserved