Have you ever wondered what the differences are between leasing business premises and industrial premises? In this article, we will unravel the nuances that distinguish these two types of leasing, so that you can make informed decisions.

Lease of Business Premises

The lease of business premises, also known as "lease for use other than as a dwelling", refers to the rental of urban buildings whose main purpose is not residence but the exercise of commercial, industrial or educational activities for profit.

Through this contract, the lessor transfers a property to the lessee for a specific period of time so that the latter can carry out a commercial, industrial or educational activity in exchange for the payment of a rent. This type of lease is regulated by the Urban Leases Act..

Industrial Leasing

On the other hand, the industrial leasing involves the lease of an operating business, together with all the elements necessary for its operation. For example, one could lease premises where a clothing shop previously operated, with furniture, fixtures, inventory, licences and an established clientele, so that the lessee can continue the business.

This type of lease is regulated by the Código Civil and differs from the lease of business premises in that not only the physical space is leased, but also the business as a whole.

Main Differences between Industrial and Business Premises Leases

• Nature of the Contract: While business premises leasing focuses on the rental of a physical space to carry out commercial, industrial or educational activities, industrial leasing involves the transfer of an operating business.
• Legal Regulation: The leasing of business premises is governed by the the Urban Leases Act.while industrial leasing is governed by the Código Civil.
• Included ElementsIn the lease of business premises, generally only the physical space is leased, whereas in the lease of industrial premises, all the elements necessary for the operation of the business are included.

Conclusion

Understanding the differences between business premises leasing and industrial leasing is critical to making informed commercial leasing decisions. If you would like to explore these concepts further or need advice specific to your situation, please do not hesitate to contact us at AMJ Business Lounge. We are here to help you find the leasing solution that best suits your business needs and objectives.

For further information and advice, contact us today!