A full repairing and insuring (FRI) lease of a unit on an estate. It is assumed that the property which is let is the whole of a building. The tenant is responsible for the repair of the building, the landlord is responsible for the repair of the common parts. A service charge and rights over the common parts of the estate are included. It is assumed that the lease, when granted, will be a headlease. The lease contains prescribed clauses, which can be deleted if not required.

NOTE: This standard document is no longer maintained and has been replaced by Standard document, Lease of whole: industrial unit/warehouse on an estate. For a list of all of our current standard document commercial leases, see Standard documents and drafting notes, Leases of commercial property.