Contract templates · Property, Events & Personal
Commercial leases carry larger sums and fewer statutory protections than residential tenancies, so the negotiated terms do most of the work.
A commercial lease agreement covers the premises and permitted use, term with break and renewal options, base rent with escalation and service charges, deposit or guarantee, fit-out and alterations, repairs, insurance and indemnity, assignment and subletting, and default and termination.
When you need one
- Renting office, retail or industrial space
- Landlords leasing to businesses
Key clauses in a Commercial Lease Agreement
These are the clauses the template includes, and what each one does for you.
Premises and permitted use
Defines the premises and what business can be run there.
Term, break and renewal options
Sets the term and any tenant or landlord break and renewal options.
Base rent, escalation and service charges
Fixes rent, how it increases and what service charges cover.
Security deposit or guarantee
Records a deposit or personal guarantee.
Fit-out and alterations
Controls fit-out works and later alterations.
Repairs and maintenance
Splits repair and maintenance obligations.
Insurance and indemnity
Requires insurance and allocates indemnities.
Assignment and subletting
Sets rules for assigning or subletting.
Default and termination
Explains default, forfeiture and termination.
Common mistakes to avoid
- Full repairing obligations accepted on a building in poor condition, without a schedule of condition.
- Uncapped service charges.
- Personal guarantees with no time limit.
How to use the template
Download the Word file
Buy the Commercial Lease Agreement template on My Contract Lawyer and download the editable .docx straight after checkout.
Fill in the brackets
Add names, dates, fees, scope and governing law, and delete optional clauses that do not apply to your deal.
Check it against local law
Rules differ between US states, the UK and EU countries, especially for employment, consumer and property contracts. Have a lawyer review high-value or unusual deals.
Sign and keep a copy
Sign on paper or with any e-signature tool, and store the final version where both sides can find it.
Get the Commercial Lease Agreement template
Lawyer-drafted and ready to edit in Word, Google Docs or Pages. One-time payment of $29, no subscription, instant download from My Contract Lawyer.
Frequently asked questions
What is a break clause?
A right to end the lease early on a set date, often subject to conditions.
What is a triple net lease?
A US structure where the tenant pays taxes, insurance and maintenance on top of rent.
Do commercial tenants have security of tenure?
In England and Wales, many business tenants do unless the lease is contracted out under the Landlord and Tenant Act 1954.
Related contract templates
Templates are a starting point, not legal advice, and using one does not create a lawyer-client relationship. Contract law differs between countries and states, so check the finished document against local law.