Essential Guides
10 min read
Understanding Commercial Lease Terms
Read Guide8 min read
Use Classes Explained (Class E changes)
Read Guide6 min read
A Guide to Business Rates
Read Guide7 min read
Dilapidations: What Tenants Need to Know
Read GuideFrequently Asked Questions
What is an FRI lease?
FRI stands for Full Repairing and Insuring. It means the tenant is responsible for all repair and maintenance costs of the property, as well as the building insurance premium.
What are Use Classes?
Use Classes determine what a commercial property can legally be used for (e.g., retail, office, restaurant). Recent changes introduced 'Class E', which broadly combines many commercial uses to allow more flexibility.
Do I have to pay business rates?
Most non-domestic properties are subject to business rates, though you may be eligible for Small Business Rate Relief depending on the property's rateable value.
Property Tools
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Indicative only. Not financial or legal advice. Always consult a professional.