Commercial Lease Agreement (United Kingdom) Form

Lease will be governed by the Laws of:

Type of Lease Agreement:

Lease Format

The Lease will be drafted in the:

The Long Version of the Lease includes additional clauses and terms that will make your lease more precise, able to deal with more situations and easier to enforce as well as the ability to revise standard clauses in our lease. The Short Version omits those terms that may not be absolutely necessary to express your lease and doesn't give the option of revising standard clauses.

Landlord Details

Number of Landlords:

Landlord

Name:

Type:

Address:

(e.g. Address, Town/City, County, Postcode)

Phone #:

Fax #:

Tenant Details

Number of Tenants:

Tenant

Name:

Operating Name:

(Leave blank to omit)

(Name of the Tenant's Business that is used in its advertising)

Type:

Address:

(e.g. Address, Town/City, County, Postcode)

Phone #:

(Leave blank to not mention it)

Fax #:

(Leave blank to not mention it)

Guarantor

Is a Guarantor required?

YesNo

Leased Premises

Address of Premises:

(e.g. Address, Town/City, County, Postcode)

Does this letting comprise only part of a building?

YesNo

Further Description of Premises:

Permitted Use of Premises

Permitted Use of Premises:

(brokerage office, real estate agency, financial institution, etc.)

Tenant to have Exclusive Use in Building:

YesNo

Exclusive Use means no other tenant in the Building will be able to conduct as its principal business the same Permitted Use as this Tenant.

Parking

Parking Available?

Lease Term

Type of Lease Term:

Date Lease Starts:

Open the calendar popup.

Date Lease Ends:

Open the calendar popup.

Early Possession

Tenant to have access to or possession of the Premises BEFORE the lease start date?

YesNo

Option to Purchase

Add to this Lease an option to purchase the Premises?

YesNo

Purchase Price:

Specified Purchase Price:

What is being purchased?

Option Fee?

YesNo

Option Fee Amount:

Option fee paid by the Tenant will be credited towards the purchase price?

YesNo

Option Expires:

Specify Option Expiry Date:

Open the calendar popup.

Maximum period the Parties have to close the purchase after exercising the option:

This time period should be at least 45 days as the disclosure documents are usually provided within 30 days of exercise and the Tenant needs at least 15 days to review those documents. (e.g. 90 days)

Rent

Tenant will Pay this Rent:

(e.g. With the 'Base Rent Plus Specified Service Charges' option, you can have base rent plus you can also specify additional charges such as cleaning, security, repairs, supplies, utilities, maintenance and insurance.)

Tenant will Pay Rent Every:

Specify Rent By:

In order to state the rent by area, you must also have answered the following questions under "Leased Premises" section. You must have selected to further describe the premises. You must have selected yes to specify the amount of the area and you must have entered an area greater than zero.

Amount of Base Rent

per week (e.g. 500.00)

Day of the Week for Payment:

(e.g. Monday, Tuesday)

Address for Payment:

(leave blank to not specify it in lease)

Rent Increase

Built-in rent increases:

Describe Rent Increases:

(e.g. First Year - $1000.00, Second Year - $1250.00, etc.)

Interest

Charges for Interest:

Utilities and Other Expenses

Who is responsible for paying the following utilities and service charges for the Premises?

Tenant Pays Direct

Tenant Pays Landlord

Landlord Pays

Do Not Specify

Electricity

Natural Gas

Water

Sewer

Telephone

Internet

Cable

Other Expenses

Other Expenses to be Paid Directly by Tenant

(e.g. collection and disposal of refuse and rubbish from the Premises)

Operating Costs

Click on the operating costs below to be able to specify who will pay for that expense. Don't click on it if you don't want to specify it.

Cleaning and Janitorial Services

Operating and Servicing Elevators

Common Area Utilities

Security

Window Cleaning

General Repairs to the Building

Accounting and Auditing

Management Fees and Cost of Building Employees

Supplies

Building Superintendant and Associated Personnel

HVAC Equipment

Preventive Maintenance and Inspection

Insurance

Outdoor Maintenance

Operation and Maintenance of Parking Areas

Tenant Pays Direct - the Tenant is billed directly and pays this expense directly to the provider of that service. This expense would be in addition to any amounts paid to the landlord for rent.
Tenant Pays Landlord - the Tenant is charged for their share of that expense but pays the amount owing to the Landlord who then pays the amount to the supplier of that service. This expense would be in addition to any amounts paid to the Landlord for rent.
Landlord Pays - the Landlord pays any charges to the supplier of that service and the Tenant is not directly responsible for this expense. This amount would be covered by the rent paid to the Landlord.

Maintenance

Tenant is Responsible for Maintenance:

YesDo Not Specify

Specify which Maintenance the Tenant is to perform or pay for:

Yes Do Not Specify

Fixtures / Heating:

Sidewalk / Driveway:

Grass / Garden:

Other:

Specify other Maintenance the Tenant is to perform or pay for:

Taxes

Taxes payable by Tenant?

SpecifyDo Not Specify

Tenant pays taxes directly to the Landlord?

YesDo Not Specify

Tenant is to pay which taxes directly to the Landlord?

(e.g. any Value Added Tax chargeable on the Rent)

Those Taxes are:

Included in RentIn Addition to Rent

Tenant pays taxes directly to the local tax authority?

YesDo Not Specify

Tenant is to pay which taxes directly to the local tax authority?

(e.g. business licence fees, etc.)

Security/Damage Deposit

Advance Rent:

Security/Damage Deposit?

YesNo

Schedule of Condition Required?

Insurance

Who is responsible for obtaining and paying for the following insurance?

Tenant Landlord Do Not Specify

Tenant's Contents:

Landlord's Contents:

Leased Premises:

Personal Injury on Property:

Tenant to Provide Proof of Insurance:

Type of Insurance Provisions:

Standard Wording

Revise Wording

Specify Insurance Amount

Do Not Specify

Landlord Insurance:

Tenant Insurance:

Revise Tenant Insurance Wording:

The Tenant will, during the whole of the term and during such other time as the Tenant occupies the Premises, take out and maintain the following insurance, at the Tenant's sole expense, in such form as used by solvent insurance companies in the jurisdiction where the Premises are located: (a) Comprehensive general liability insurance against claims for bodily injury, including death, and property damage or loss arising out of the use or occupation of the Premises, or the Tenant's business on or about the Premises; such insurance to be in the joint name of the Tenant and the Landlord so as to indemnify and protect both the Tenant and the Landlord and to contain a 'cross liability' and 'severability of interest' clause so that the Landlord and the Tenant may be insured in the same manner and to the same extent as if individual policies had been issued to each, and will be for the amount of not less than $1,000,000.00 combined single limit or such other amount as may be reasonably required by the Landlord from time to time; such comprehensive general liability insurance will for the Tenant's benefit only include contractual liability insurance in a form and of a nature broad enough to insure the obligations imposed upon the Tenant under the terms of this Lease. (b) All risks insurance upon its merchandise, stock-in-trade, furniture, fixtures and improvements and upon all other property in the Premises owned by the Tenant or for which the Tenant is legally liable, and insurance upon all glass and plate glass in the Premises against breakage and damage from any cause, all in an amount equal to the full replacement value of such items, which amount in the event of a dispute will be determined by the decision of the Landlord. In the event the Tenant does not obtain such insurance, it is liable for the full costs of repair or replacement of such damage or breakage. (c) Boiler and machinery insurance on such boilers and pressure vessels as may be installed by, or under the exclusive control of, the Tenant in the Premises. (d) Owned automobile insurance with respect to all motor vehicles owned by the Tenant and operated in its business.

Land Registry Information for Prescribed Clauses Leases

Note: From June 2006, all registrable leases must come with prescribed clauses in order to be registered. The Land Registry will only rely on what is provided under the Prescribed Clauses to register a title. They will no longer review the lease itself. Ensure that you have included all relevant information in this section without any errors or omissions.

Landlord Title Number(s):

Other Title Number(s):

Premium to be paid?

YesNo

Will the tenant have a contractual right to renew this lease, acquire the reversion, acquire another lease of the property or acquire an interest in other land?

YesNo

Are there any restrictive covenants related to other property?

YesNo

Are there any easements granted for the benefit of this property?

YesNo

Are there any easements granted or reserved for the benefit of other property?

YesNo

Are there any estate rentcharges burdening the property?

YesNo

Are you applying for a standard form of restriction?

YesNo

Landlord Improvements

Required Landlord Improvements:

Chattels Provided by Landlord

Chattels provided by the Landlord?

Number of Chattels provided by Landlord:

Chattel Details

Enter a Detailed Description:

(e.g. Whirlpool dishwasher serial #AV3444, Waste King disposer serial #T5555, Pitco fryer serial #P8999C, etc.)

Specify Chattels that will transfer to the Tenant at the end of the lease?

YesNo

All chattels provided by the Landlord are assumed to revert to the landlord when the tenant vacates the space at the end of the lease. If you would like to provide exceptions to this rule, you may do so here.

Tenant Improvements

Can the Tenant make Improvements?

Chattels Provided by Tenant

Specify Chattels provided by the Tenant?

YesNo

Signing Incentives

Signing Incentives:

Termination

Notice for non-payment:

(e.g. 3 days)

Notice for other lease breaches:

(e.g. 10 days)

Renewal of Lease

Tenant has Option to Renew Lease:

Clause Database

Do you want to be able to revise some of our standard clauses for this and future leases?

YesNo

Miscellaneous

Tenant can Assign/Sublet the Lease:

Note: Unless the particular circumstances of the letting justify greater control, the only restriction on assignment of the whole premises should be obtaining the Landlord's consent which is not to be unreasonably withheld.

Payment of Legal Costs/Attorney Fees:

Pets(s) are allowed in Premises?

Tenant to have Carpets Professionally Steam Cleaned:

YesNo

Landlord's liability is limited to a maximum of the Base rent paid for any relevant month?

YesNo

Additional Clauses

How many Additional Clauses do you want to create?

Signing Details

Agreement to be signed?

Commercial Lease Agreement - United Kingdom

Limitations:

Lease Format

Landlord Details

Landlord

Tenant Details

Tenant

Guarantor

Guarantor Details

Leased Premises

Permitted Use of Premises

Parking

Lease Term

Security of Tenure

Option to Purchase

Rent

Utilities and Other Expenses

Operating Costs

Maintenance

Taxes

Security/Damage Deposit

Insurance

Land Registry Information for Prescribed Clauses Leases

Restriction

Landlord Improvements

Landlord Improvement

Chattels Provided by Landlord

Chattel Details

Tenant Improvements

Tenant Improvement

Chattels Provided by Tenant

Chattel Details

Signing Incentives

Termination

Renewal of Lease

Clause Database

Miscellaneous

Additional Clauses

Signing Details

Related Contracts

Common Options

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