In order to deliver better outcomes for NSW Small Businesses, the Retail Tenancy Unit has now become part of the Office of the Small Business Commissioner.
A lease is at the centre of the relationship between a landlord and a tenant of a retail shop. Entering into a lease is a huge commitment. These contracts are often for 5 years and may run up to 25 years. As with many business deals, things do not always go to plan. As well as the payment of monthly rent, you need to understand fully your rights and responsibilities as a tenant or landlord.
Unless you have experience in commercial leasing, get advice from an expert. The odds are that the other party is experienced in this area, so you need to level the playing field. To help with the leasing process, our Info Kit takes you through the key steps and requirements imposed by the relevant legislation, the Retail Leases Act 1994. You can also contact the Retail Tenancy Unit on 1300 795 534 or email us at email@example.com.