The premises lease is a separate commitment from the franchise agreement. Review how the two fit together before paying a deposit or assuming that one party’s approval resolves every issue.
Map who controls the premises
Identify the tenant, landlord and any superior lease or sublease arrangements. Ask an adviser to explain permitted use, access, alterations and transfer conditions. Keep the proposed operating format visible throughout the property review.
Build the occupancy cash schedule
Record rent, deposits, service charges and other applicable property payments from actual documents. Establish when charging starts relative to access, works and opening. A rent-free period can help cash timing without removing installation, staffing or other launch costs.
Test mismatched commitments
Compare lease length, franchise term, finance term and any break or renewal arrangements. Ask what happens if site approval fails or the business cannot open on schedule. These are transaction-specific legal questions; a checklist cannot establish the right outcome.
A worked research example
Example dependency: the lease begins charging before the contractor can access the property. Put both dates on the project schedule and obtain clarification before assuming that the fit-out period is covered by the quoted occupancy allowance.
Evidence to gather
- Identify the tenant and lease structure
- Review use, works and transfer provisions
- Map all occupancy payments and dates
- Align the lease with franchise and finance terms
Before you move forward
Frequently asked questions
Does franchise approval mean the lease is suitable?
No. The property documents and operating commitments need separate review.
Does rent-free mean no premises costs?
No. Other payments and project costs may still arise.
Can this checklist determine my legal rights?
No. Have the actual lease and related documents reviewed by a suitable local adviser.
Sources and scope
References checked 6 November 2026. The questions, examples and diagrams are our editorial research tools; they are not statements that every franchise has the same terms.
- SBA — Launch your business
General location and launch framework; does not establish approval of a particular site.
- Business.gov.uk — Finding a business property
UK property-selection background; no opinion on a particular lease.
General editorial information, not personalised legal, tax or financial advice. Confirm local requirements and the actual documents with appropriate advisers. Examples are hypothetical. Contact the editor or suggest a correction.
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