[caption id="attachment_1071" align="alignnone" width="300"]
Hispanic woman hanging open sign on door[/caption]As an owner it is important to understand the difference between a Retail and Commercial lease, it is essential that the right type of lease is in place as the Lease acts as the legally binding agreement between the Lessor and Lessee.
Retail Leases in NSW are governed by the Retail Leases Act 1994 No 46, Retail Leases
apply to a premises in … Read the full post »
After 50 years of sales the Tenambit Fruit and Vege Shop recently sold under the hammer at auction.
This marked the end of an era for fruit and vege sales, in this strip shopping centre that serviced the local community of Tenambit near Maitland. Â This was the only use the building had known since it was built by … Read the full post »
The Management of Commercial, Industrial and Retail property is a specialist business. Unlike residential property each and every tenancy will have its own rule book, the Lease.  These leases can be anything from a couple of pages to ones nearing 100 pages of technical legally defined clauses. These are the rules of the game, and as a landlord you … Read the full post »
The rents in commercial property in Newcastle are varied and made up of different components.  The investor in commercial real estate should be completely aware of the differences between net and gross rentals given the property location and type of property in which they are interested or perhaps own. Local market knowledge will always help with property decisions … Read the full post »
