Terms of Business

Units are typically let on a minimum 3 year lease

Ingoing tenants are responsible for registering the lease with the land registry and any related fees.

Towndoor’s standard lease is regularly revised and updated in order to protect both our property and client’s best interests. Should a tenant require more bespoke terms, they will be liable for all legal costs incurred by the company.

Rental rates are reviewed every three years, any increases being in line with current market values.

The tenant is responsible for all business rates, applied by the local authority.

Electricity is charged for the number of units used plus a monthly standing charge of £25 + VAT.

Water is charged for the number of units used plus a quarterly standing charge of £52  + VAT.

All tenants contribute to the estate property damage insurance; the contribution is determined by the site and size of unit.

Some units have sprinkler facilities; this service is charged based on square footage.

A service charge may be applied to include the general maintenance of the units and common parts of the Industrial Estates.

No alterations to a building may be carried out without the express permission of the landlord.

All units are supplied with an electrical test & fire alarm certificate where applicable. The tenant will be billed for the maintenance and renewal of these items.

Sub leasing is strictly prohibited.

For an example of our standard lease terms and conditions please refer to the files below:

Keep Me Informed

 
  • Towndoor Limited,
    Estate Office Gate 7,
    Meltham Mills Industrial Estate,
    Meltham Mills Road,
    Meltham,
    Holmfirth,
    HD9 4AR
  •  
  • T 01484 850015
  • E enquiries@towndoor.co.uk

Keep Me Informed

No lengthy signup form to fill in! We only need your email address.

Call us today on 01484850015
or fill in the call back form below