William's Blog · Commercial & industrial
Commercial and industrial property in Sydney
Offices, shops, warehouses and industrial sites: leasing terms, subleases, outgoings, maintenance and sale processes. Written for Sydney business owners, landlords and occupiers by the William Properties team in Chatswood.
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Common questions
Commercial & industrial: common questions
Outgoings are the property's running costs, such as council rates, insurance and strata or maintenance charges. The lease sets out which of these the tenant pays, so read that clause carefully before signing.
Usually only with the landlord's consent, and on terms allowed by your head lease. You generally remain responsible under the original lease, so get the sublease documented properly.
Have leases, approvals and maintenance records in order, price it on solid evidence and prepare for buyers' due diligence. A well-run sale process reduces surprises and keeps negotiations on track.
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