Subletting a Garage?

Hi,

Was wondering if this was legal? Situation is this, we recently purchased a residential property - old 60s BV and a garage. Found tenant but he thinks he has no use for the garage and asked if we could exclude the garage as part of the lease.

I have a family friend who is willing to lease the garage out as a warehouse for his stock (he runs a Sunday market)

Would this also create complications for insurance etc.?

Potential issue with driveway access and theft?

How would I structure this legally? 2 Leases?

Thanks.
 
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