Do you need a warehouse lease (WA) or workshop lease (WA)? If you are the landlord or the real estate agent, we can help you prepare the lease.
A warehouse lease (WA) or workshop lease (WA) is a special type of lease. As the name suggests, it relates to the lease of a warehouse or a workshop.
Use of the land
The main use for a warehouse is for storing goods. The main use for a workshop is for running a trade. In modern times, the use for these have grown to include the sale of goods. Recent trends now include other uses such as a gym, indoor sports, a play centre and a church.
They may also include a built-in office or even a café or lunch bar.
Why is the use important?
A lease must define the use. There are many reasons why this is the case.
The use of the land may carry special risks. These risks may increase the chance of damage to the land. Or they may increase the costs of insurance. For instance, a use that has hazardous goods may be a fire risk. As the landlord, you would want to know this so you can take out insurance.
You may not want the tenant to change the use. The use may not be legal in that area. Or the land may not be suited to that use. The use may cause damage to the land or impact on other tenants.
Our lease will protect you as landlord no matter what the use. We will make sure that our lease properly defines the use to ensure that it protects you.
What happens if the land is strata?
This is no problem. Our lease has a special clause dealing with strata. Whether you own one or all of the lots in the strata scheme, we can help.
Contact us today to get a quote.