Subleases
While subletting can be very attractive for a tenant, poorly worded agreements can present problems for the head landlord controlling the property. Written by a lawyer with many years of commercial property experience, these easy to adapt sublease agreements are thorough in consideration of matters of importance to both the landlord and the subtenant.
Underlease agreement for commercial property
Sublet the whole of, or part of, a property used for business:
- suitable for any type of property: offices, shops, industrial units, warehouses and workshops, and land
- for a term between 1 to 30 years
- option to bring in a new guarantor
- break provision and rent review options
- drawn for the property owner or an experienced property professional
Sublease agreement for commercial property: landlord involvement
Sublet the whole of, or part of, a commercial use building, where the property owner requires involvement in the terms of the sublease.
- suitable for any business property, including offices, shops, industrial units (such as factories, warehouses and workshops) and land
- includes optional provisions that give the head landlord additional rights when dealing with the subtenant
- for a term between 1 and 30 years
- option for new guarantor and release of old guarantor
A sub-lease can cause many problems, both law-related and in practice. We recommend that this document is used only by property professionals and advisers.
Talk to us about subleasing your property
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