Whether you are securing premises for your business or leasing your commercial asset to a tenant, we ensure your lease terms are clear, fair, and fully enforceable.
Book a ConsultationCommercial leases for office, warehouse, and industrial premises are not governed by the Retail Shop Leases Act — which means there is significantly more room for negotiation, but also fewer automatic protections for tenants. Every term is negotiable, and every term matters.
At LK William, we advise both landlords and tenants on commercial leasing — reviewing and drafting leases, negotiating terms, and ensuring that every clause is understood and works in your favour.
Review and negotiation of all commercial lease terms
Advice on rent, rent reviews, and outgoings obligations
Permitted use, make-good, and refurbishment clause analysis
Assignment, subletting, and change of ownership provisions
Option and renewal term advice
Exit strategies and end-of-lease obligations
A structured approach from first review to execution.
We review the proposed lease or heads of agreement and provide a plain-language summary of all key terms, risks, and recommended changes.
We negotiate with the other side to improve the terms — rent, make-good, permitted use, assignment rights, and exit provisions.
Once terms are agreed, we manage the formal execution and registration of the lease (where applicable).
We remain available throughout the lease term to advise on rent reviews, disputes, and any issues that arise.
Most commercial leases require the tenant to return the premises to their original condition at lease end. These obligations can be significant in cost. We ensure make-good clauses are reasonable and clearly defined — before you sign.
CPI increases, market reviews, and fixed percentage increases have very different financial implications over a 3–5 year lease term. We advise on the type of rent review and ensure the mechanism is fair and clearly articulated.
If your business circumstances change, your ability to assign the lease or sublet the premises could be critical. We ensure these rights are clearly and favourably set out in your lease before you commit.
No. Commercial leases for office, warehouse, and industrial premises are distinct from retail leases and are not governed by the Retail Shop Leases Act 1994 (Qld). This means there are fewer mandatory protections — but also more flexibility to negotiate terms. Both landlord and tenant have significant scope to shape the agreement, which is why careful legal review is essential.
A heads of agreement (or letter of intent) outlines the key commercial terms agreed between landlord and tenant before the formal lease is drafted. Depending on how it is worded, a heads of agreement may be partially or fully binding. We advise on the status of any heads of agreement and ensure it accurately reflects what has been agreed before it is signed.
Absolutely — and you should. Many commercial lease terms are presented as standard when in fact they are heavily negotiable. Rent, rent review mechanisms, make-good obligations, permitted use, and assignment rights are all areas where negotiation can make a significant difference. We advise on what to push for and manage the negotiation on your behalf.
Book a confidential consultation with our team. No pressure, no legal jargon — just a clear conversation about your matter and how we can help.