Simple Commercial Lease Agreement for Ireland

Simple Commercial Lease Agreement Template for Ireland

A comprehensive legal document governed by Irish law that establishes the terms and conditions for leasing commercial property. This agreement outlines the rights and obligations of both landlord and tenant, including rent payments, maintenance responsibilities, insurance requirements, and permitted use of the premises. It incorporates essential provisions required under Irish commercial property law, including statutory requirements for commercial tenancies, while maintaining a straightforward structure suitable for standard commercial letting arrangements.

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What is a Simple Commercial Lease Agreement?

The Simple Commercial Lease Agreement is a fundamental legal instrument used in Ireland for establishing commercial tenancy relationships. This document is specifically designed for straightforward commercial property lettings where a business entity or individual seeks to lease commercial space for business purposes. It incorporates all essential elements required under Irish property law while maintaining clarity and usability. The agreement is particularly suitable for standard commercial premises such as offices, retail units, or industrial spaces where complex additional provisions are not required. This document type ensures compliance with Irish commercial property legislation while providing clear structure for both landlord and tenant obligations, making it an essential tool for establishing commercial tenancy relationships in Ireland.

What sections should be included in a Simple Commercial Lease Agreement?

1. Parties: Identification of the landlord and tenant with full legal names and addresses

2. Background: Context of the lease agreement and brief description of the property

3. Definitions: Definitions of key terms used throughout the lease agreement

4. Demise: The formal grant of the lease, including the term and rent

5. Rent and Other Payments: Details of rent amount, payment terms, review periods, and other financial obligations

6. Tenant Covenants: The tenant's obligations including maintenance, repair, use restrictions, and compliance with laws

7. Landlord Covenants: The landlord's obligations including structural repairs and insurance

8. Insurance: Requirements for building and public liability insurance, and responsibility for premiums

9. Assignment and Subletting: Conditions under which the tenant may assign or sublet the premises

10. Termination: Circumstances allowing early termination and the process involved

11. Forfeiture: Conditions under which the landlord may forfeit the lease

12. Notices: How formal notices must be given between parties

13. Governing Law: Confirmation that Irish law governs the agreement

14. Execution: Signature blocks and execution formalities

What sections are optional to include in a Simple Commercial Lease Agreement?

1. Service Charge: Required if the property is part of a larger building or development with shared services

2. Break Clause: Optional provision allowing either party to terminate the lease early under specified conditions

3. Guarantor Provisions: Required if there is a guarantor for the tenant's obligations

4. VAT Provisions: Required if VAT is applicable to the rent or if the landlord has opted to tax

5. Alterations and Improvements: Detailed provisions if the tenant is allowed to make changes to the property

6. Planning Use: Specific provisions regarding permitted use if there are planning restrictions

7. Environmental Provisions: Required for properties with specific environmental concerns or requirements

8. Rent-Free Period: Include if there is an initial or other rent-free period agreed

9. Management Company Provisions: Required if a management company is involved in maintaining the building

What schedules should be included in a Simple Commercial Lease Agreement?

1. Schedule 1 - Property Description: Detailed description of the leased premises, including plans and measurements

2. Schedule 2 - Rights Granted: Specific rights granted to the tenant (e.g., parking, access ways, shared facilities)

3. Schedule 3 - Rights Reserved: Rights reserved to the landlord (e.g., access for repairs, development rights)

4. Schedule 4 - Service Charge Provisions: Detailed breakdown of service charge calculations and included services

5. Schedule 5 - Condition Schedule: Description of the condition of the premises at the start of the lease

6. Schedule 6 - Rent Review Provisions: Detailed mechanism for rent reviews

7. Appendix A - Plans: Property plans, floor layouts, and site maps

8. Appendix B - Inventory: List of any fixtures, fittings, or equipment included in the lease

9. Appendix C - Photographs: Photographic evidence of property condition at lease commencement

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Ireland

Publisher

Genie AI

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions
Clauses
Relevant Industries

Real Estate

Retail

Professional Services

Hospitality

Healthcare

Technology

Manufacturing

Financial Services

Education

Food and Beverage

Logistics and Warehousing

Creative Industries

Relevant Teams

Legal

Real Estate

Operations

Finance

Compliance

Risk Management

Facilities Management

Property Management

Business Development

Administrative

Relevant Roles

Property Manager

Real Estate Manager

Facilities Manager

Commercial Director

Business Owner

Operations Manager

Legal Counsel

Company Secretary

Finance Director

Risk Manager

Compliance Officer

Property Developer

Estate Agent

Commercial Lease Administrator

Asset Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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