Welcome to Towndoor's terms and conditions for renting commercial units. We are committed to ensuring that our tenants understand their rights and responsibilities when leasing a property from us. These terms and conditions have been designed to provide clarity and transparency around our expectations, as well as the benefits and costs associated with renting a unit on one of our industrial estates.
Before signing a lease with us, we encourage you to read through these terms and conditions carefully. They cover a range of topics, including lease registration, rental rates, service charges, maintenance, and more. Please note that these terms and conditions are subject to change, and we reserve the right to update them as necessary to protect the interests of both our company and our tenants.
Units are typically let on a minimum 3-year lease
The tenant is responsible for registering the lease with the land registry and paying any associated fees.
Towndoor's standard lease is designed to protect both our property and the tenant's interests. If the tenant requests custom lease terms, they will be responsible for all legal costs incurred by Towndoor. A copy of our standard lease terms and conditions is available here: Lease
Rental rates will be reviewed every 3 years to ensure they are in line with current market values.
The tenant is responsible for paying all applicable business rates imposed by the local authority. For more information about Business Rates, please refer to the government information leaflet: Business Rates
Electricity, gas and, water charges will be calculated based on usage and a standing charge.
Our properties are let on an Internal Repairing and Insuring basis, meaning tenants are responsible for the upkeep and servicing of all internal fixtures, fittings and installations, including doors, windows and roller shutter access.
All tenants are required to contribute to the estate property damage insurance, with the contribution amount determined by the unit size and location.
Some units have sprinkler facilities and are subject to an additional sprinkler service charge, 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.
A rental deposit will be taken and then held as a bond throughout the tenancy to be returned once the term expires subject to the unit being returned in an acceptable condition.
The tenant must obtain express permission from the landlord before making any alterations to the unit.
All units are supplied with a certificate of electrical testing, gas safe certificate (if applicable), roller shutter service (if applicable) and fire alarm inspection (if applicable). The tenant will be responsible for maintaining and renewing these items.
Subleasing the unit is strictly prohibited without the express permission of the landlord.