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Understanding Refurbishment Clauses in Commercial and Retail Shop Leases: What You Need to Know

Posted by Elizabeth Gore-Jones on 12 March 2024
Most commercial and retail shop leases provide that a tenant is required to refurbish the premises throughout the term of the lease. It is important that the tenant is aware of the following: 1.      When the refurbishment is required to take place. For example, the lease may provide that a tenant is required to do this every 3 years or just before the lease comes to an end; and 2.      What refurbishment requires. For example, refurbishmen...
Posted in:LeasesBusinessNews  

Early Determination of Rent: A Crucial Step in Lease Negotiations

Posted by Elizabeth Gore-Jones on 11 March 2024
Are you in the retail business and wondering about your lease terms? Here's a tip: Early determination of rent can be a game-changer! If you have a retail shop lease, don't hesitate to ask your landlord for an early determination of the rent, especially for a market review at the option period. This proactive approach allows you to gauge the landlord's intentions regarding rent charges, helping you make informed decisions about renewing the lease. While these provisions are not ...
Posted in:LeasesBusinessNews  

Happy International Women's Day!

Posted by Elizabeth Gore-Jones on 8 March 2024
Happy International Women's Day!
Today, we celebrate the incredible strength, resilience, and achievements of women around the world. As a team of fierce and empowered women, The Franchise & Business Lawyers understands the importance of representation, empowerment and solidarity in the legal profession and beyond. To all the women out there who are breaking barriers, shattering glass ceilings, and making a difference every single day: You inspire us, you motivate us, and you remind us of the limitless potential within ...
Posted in:BusinessNews  

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Happy Easter from The Franchise & Business Lawyers!

Mar 28 2024
Wishing you a long weekend filled with joy, laughter and warmth! May your Easter basket be filled with blessings and your heart with love. Remember, just like a successful franchise, Easter is all about growth, renewal and new beginning...

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Brisbane Office Address: Clarence Chambers,
Level 10, 95 North Quay,
Brisbane QLD 4000

Gold Coast Office Address: Wyndham Corporate Centre
Level 9, 1 Corporate Court
Bundall QLD 4217

Central Post Office Box Address: P.O. Box 428
Oxenford, QLD 4210