As part of the continued expansion of its commercial and retail leasing content, Practical Law has published the following new resources:

• Standard document, Storage licence agreement.
• Standard clause, Storage licence.

Storage licences are frequently used in practice and are often ancillary to the grant of a commercial or retail lease. These two new resources gives the option for parties to either enter into a standalone licence agreement, or to incorporate the licence terms directly into their commercial or retail lease, depending on what is more appropriate for their transaction.