Use this agreement if you own a commercial property in the UK and you're granting a short-term tenancy. This means no more than 7 years for properties in England and Wales, 20 years for properties in Scotland, or 21 years for properties in Northern Ireland.

The lease is only appropriate for a self-contained building and shouldn't be used where there are shared facilities or if you intend to increase the rent during the term. It can be drafted for a maximum of 2 landlords and 2 tenants, who can be individuals (or sole traders), limited companies, business partnerships or limited liability partnerships.

For properties in England or Wales:

• The property must have an Energy Performance Certificate (EPC) with a rating of E or better.
• There is an option to exclude the tenant's right to renew the lease; the required notice to send to the tenant is included.

For properties in Northern Ireland, if the proposed term is for 5 years or more, we recommend that you use our Medium term lease of commercial premises with rent review.