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Occupier Resources

Retail Leasing FAQ

Retail Leasing FAQ

Retail tenant advisors answer retail tenants most frequently asked questions.

Retail leasing

Retail leasing FAQ12: Can the terms of a lease be changed once it's signed?

Retail leasing FAQ15: What is the shortest period of time I can lease a shop for?

Retail leasing FAQ16: What’s the difference between the Security Deposit and the Bank Guarantee?

Retail leasing FAQ20: What is turnover rent and how do I calculate how much I will have to pay?

Occupancy cost

Retail leasing FAQ2: What’s the difference between net rent and gross rent?

Retail leasing FAQ7: What percentage of my gross turnover should occupancy costs be?

Retail leasing FAQ1: How much rent should I be paying?

Lease expiry

Retail leasing FAQ3: My lease expires next year. What are my options?

Lease option

Retail leasing FAQ4: How do I exercise the option term on my lease?

Market rent

Retail leasing FAQ5: I have a market rent review coming up – Who decides what the ‘market rent is’ and so how much rent I will have to pay?

Retail leasing FAQ13: What is a market rent review and how does it work?

Outgoings

Retail leasing FAQ6: How can I reduce my outgoings?

Retail leasing FAQ18: Do I have to pay the outgoings if I don’t believe they are correct?

Landlord dispute

Retail leasing FAQ10: I’ve been issued a breach notice. What should I do?

Retail leasing FAQ14: I am a retail tenant and have a dispute with my landlord. What are my options?

Retail leasing FAQ9: I want to sell my retail business. Do I have to tell the landlord?

Retail leasing FAQ8: My landlord wants me to move to a different location. Do I have to?

Insurance

Retail leasing FAQ11: Who is responsible for insurance?

Heads of Agreement

Retail leasing FAQ17: What is a Heads of Terms Agreement and is it legally binding?

Incentives

Retail leasing FAQ19: If the landlord is providing an incentive as cash towards my fit-out, when do I get the money?