Unlike general retail leasing (speciality retail), large format retail (LFR) is typically considered a special asset class. Although retail laws vary from state to state, LFR generally refers to stores with a leasing area exceeding 1,000 square meters.
Commonly known brands such as Bunnings, BCF, and Super Cheap Auto are tenants in the LFR asset class.
Ensure Legal’s clients include national LFR tenants and landlords.
Recently, we have represented clients in two long-term lease agreements in Victoria and a leasing dispute in Queensland.
