premises
US /ˈprem.ɪ.sɪz/
UK /ˈprem.ɪ.sɪz/
1.
a house or building, together with its land and outbuildings, occupied by a business or used for a particular purpose
:
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The company is moving to new premises next month.
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No smoking is allowed on these premises.
2.
a previous statement or proposition from which another is inferred or follows as a conclusion
:
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The argument was based on the premise that all people are equal.
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His entire theory rests on a false premise.