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Commercial Sublease Contract
"I need a Commercial Sublease Contract for a retail space in a Sydney shopping center, where my company will sublease 200 square meters to a cafe operator for 3 years starting March 2025, with specific provisions for food service operations and shared kitchen facilities."
1. Parties: Identification of sublessor and sublessee, including ACN/ABN and registered addresses
2. Background: Context of the sublease, including reference to head lease and confirmation of head landlord's consent
3. Definitions and Interpretation: Key terms used throughout the document and rules for interpretation
4. Grant of Sublease: Formal grant of the sublease, specifying the premises and term
5. Term and Option Periods: Duration of sublease, commencement date, and any option periods
6. Rent and Other Payments: Base rent, payment terms, rent reviews, outgoings, and other financial obligations
7. Security Deposit/Bank Guarantee: Security requirements and conditions for return
8. Permitted Use: Specified allowed uses of the premises
9. Maintenance and Repairs: Responsibilities for maintenance, repairs, and replacements
10. Insurance and Indemnity: Required insurance coverage and indemnification obligations
11. Assignment and Subletting: Restrictions and conditions for further assignment or subletting
12. Head Lease Obligations: Compliance with head lease terms and conditions
13. Default and Termination: Events of default, remedies, and termination provisions
14. Dispute Resolution: Process for resolving disputes between parties
15. Notices: Requirements for formal communications between parties
16. General Provisions: Standard boilerplate clauses including governing law, severability, and entire agreement
1. Fit-out Works: Include when sublessee will undertake initial fit-out works, specifying approval process and conditions
2. Trading Hours: Include for retail premises or when specific operating hours are required
3. Environmental Obligations: Include for properties with specific environmental compliance requirements or risks
4. Service Level Requirements: Include when specific service levels or building maintenance standards must be maintained
5. Guarantees: Include when personal or corporate guarantees are required from directors or parent companies
6. Marketing and Signage: Include for retail premises or when specific signage requirements exist
7. Common Areas: Include when premises are part of a larger building or complex with shared facilities
8. Car Parking: Include when specific car parking rights are being granted
9. Right of First Refusal: Include when sublessee is granted first right to lease additional space or purchase property
1. Schedule 1 - Premises Plan: Detailed plan showing the leased premises and any exclusive or common areas
2. Schedule 2 - Head Lease: Copy of head lease or relevant excerpts
3. Schedule 3 - Head Landlord's Consent: Written consent from head landlord for the sublease
4. Schedule 4 - Rent and Payment Details: Detailed breakdown of rent, outgoings, and payment schedules
5. Schedule 5 - Fit-out Specifications: Detailed specifications for any approved fit-out works
6. Schedule 6 - Condition Report: Report documenting condition of premises at commencement of sublease
7. Schedule 7 - Building Rules: Building rules and regulations applicable to the premises
8. Schedule 8 - Insurance Requirements: Detailed insurance requirements and minimum coverage amounts
9. Appendix A - Required Forms: Standard forms for notices, requests, and other communications
10. Appendix B - Service Level Specifications: Detailed service level requirements if applicable
Authors
Bank Guarantee
Base Rent
Building
Building Manager
Building Rules
Business Day
Commencement Date
Common Areas
Condition Report
Consent
Consumer Price Index
Default Interest Rate
Default Notice
Expiry Date
Fit-out Works
GST
Head Landlord
Head Lease
Initial Term
Insurance Requirements
Land
Lease Year
Lettable Area
Market Review Date
Operating Expenses
Option Period
Option to Renew
Outgoings
Permitted Use
Premises
Rent
Rent Review Date
Review Period
Security Deposit
Service Charges
Sublessee's Covenants
Sublessor's Covenants
Term
Utilities
Term and Renewal
Rent and Payment
Security Deposit
Outgoings
Insurance
Maintenance and Repairs
Permitted Use
Assignment and Subletting
Head Lease Compliance
Utilities
Access and Security
Alterations and Improvements
Building Rules
Common Areas
Environmental Compliance
Default and Remedies
Force Majeure
Health and Safety
Indemnification
Liability
Notices
Quiet Enjoyment
Registration
Representations and Warranties
Signage
Termination
Dispute Resolution
Governing Law
GST
Confidentiality
Entire Agreement
Severability
Waiver
Make Good
Retail
Office Space
Industrial
Hospitality
Healthcare
Technology
Professional Services
Manufacturing
Warehousing
Education
Financial Services
Creative Industries
Legal
Finance
Operations
Facilities Management
Risk Management
Compliance
Real Estate
Property Management
Administration
Treasury
Corporate Services
Business Development
Property Manager
Facilities Manager
Legal Counsel
Commercial Director
Chief Financial Officer
Operations Manager
Real Estate Manager
Compliance Officer
Risk Manager
Business Development Manager
Asset Manager
Contract Administrator
General Manager
Chief Operating Officer
Treasury Manager
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