Lease of part: office (shorter form)
A standard document for a lease of part of an office building in England and Wales. This standard document is structured as a full repairing and insuring (FRI) lease for an internal-only demise of one or more floors, where the tenant is responsible for repairing the property. It contains prescribed clauses for registration purposes. The landlord insures the office building and maintains the retained parts, recovering costs for a limited set of services through a simple on-demand service charge mechanism. Notably, these service charge provisions do not require advance on-account payments, making this standard document suitable for more straightforward lettings. It also includes optional provisions for an upwards-only open market rent review, providing a flexible yet concise framework for office leases .
Already a Practical Law customer? Sign in
Get access to this document with Practical Law
The value of Practical Law
Deliver results and stay ahead with the help of Practical Law's built-in network of legal experts
As a legal professional, your time is a precious resource. Whether you need insights on a market-leading precedent, help navigating a new topic, how-to guidance on the law with an integrated drafting note, or a checklist to help mitigate risk, you can rely on Practical Law.
Practical Law is the only legal know-how solution supported by a team of over 650 full-time global editors who obsessively monitor the law and create resources to help you navigate the unknown and practise more efficiently.
Learn more about Practical Law
Make the most of your time and resources
Jumpstart your work
Easy-to-use tools deliver a great starting point, so you spend less time searching for templates, building presentations, or delving into unfamiliar areas.
Get how-to guidance
Practical resources provide you with in-depth expert knowledge and insights to help you work more efficiently and make informed decisions confidently.
Rely on worldwide expertise
We offer global and comparative content with thousands of assets covering critical legal topics in more than 100 countries, including weekly updates and daily alerts for EU Law.