Commercial Property

Leasing a Shop or Office in Hornsby: A Guide for Business Owners

A practical guide to leasing commercial premises in Hornsby, covering lease terms, rent, outgoings, disclosure statements, fitout approvals, services, incentives and make-good obligations.

TL;DR Leasing a shop or office in Hornsby involves more than comparing weekly rent. Before committing, confirm that the premises can legally support your business, the building services are adequate, the lease gives you suitable fitout and signage rights, and the total occupancy cost remains affordable after outgoings, GST, utilities and maintenance. Business owners should also review the lease term, options, rent reviews, security requirements, disclosure statement, incentives, repair obligations, relocation clauses and make-good requirements. A favourable rent can become expensive when the tenancy requires major electrical, mechanical, hydraulic, fire or accessibility upgrades. Have the proposed lease reviewed by a commercial property solicitor and have the tenancy assessed by a commerci…