Don’t Forget To Look at This in Your New Business Lease.

Make an appointment

I have recently heard of tenants entering into leases without first undertaking investigations of what Internet services will be available into the premises they will be leasing.

I have never seen in a lease document any assurance from the landlord as to what Internet services will be available to the premises.

Contact Tony

Tenants most likely will take for granted that the premises will have available whatever Internet services they need.

For those businesses that rely upon connectivity to the Internet for their ongoing business may find themselves faced with disaster if their premises to which they have committed to for long-term lease does not have the connectivity they require.

My own Internet provider has told me of a client they have who moved premises only to find that the Internet that was available was no better than domestic ADSL and for the client to have the Internet connectivity they required Telstra quoted them any excess of $30,000 to have fibre optic cable installed.

Before any tenant commits to an agreement for lease they should undertake due diligence and speak with their Internet service provider as to what Internet services are available to the premises.

Below is a link to a podcast with Stuart Auld from QCS who would will discuss what tenant should look for in premises technology wise before they commit to a lease.

If you have any queries regarding the above, please do not hesitate to contact us at Big Law Solicitors on (07) 3482 6999 or email us at mail@biglaw.com.au.

At Big Law we provide holistic legal solutions to legal matters.

Information & Helpful Tips

How to Choose the Right Business Structure

| Business Law | No Comments
How to Choose the Right Business Structure Make an appointment When embarking on a new business venture, the structure you choose to set up the enterprise is a crucial decision... read more

What Does Separation & Divorce Mean?

| Wills and Estates | No Comments
What Does Separation & Divorce Mean? Make an appointment The terms ‘separation’ and ‘divorce’ are often used interchangeably by people but in fact, in the unfortunate event of a relationship... read more

What Your Business Needs to Know about the Changes to Retail Shop Leases

| Wills and Estates | No Comments
What Your Business Needs to Know about the Changes to Retail Shop Leases Make an appointment Here's the thing about change: it is seldom easy and no one really likes... read more