Commercial leases in Ireland vary depending on the business size, industry, and property type. The three most common structures are:
✔ Short-Term Leases (1-5 years) – Ideal for small businesses, start-ups, and pop-up shops, these leases offer more flexibility and often include break clauses for early termination.
✔ Long-Term Leases (10-25 years) – Common for large retailers, office spaces, and industrial properties, these leases usually include rent reviews every 3-5 years and may require tenants to handle property maintenance.
✔ Full Repairing and Insuring (FRI) Leases – The tenant is responsible for repairs, insurance, and property upkeep, reducing the landlord’s liability but adding to tenant costs.
Understanding these terms is crucial when selecting a commercial lease. Many landlords prefer long-term stability, while tenants may require greater flexibility.
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