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Retail Lease Agreement
"I need a Retail Lease Agreement for a high-street fashion store in Manchester, with a 10-year term starting March 2025, including break clauses at year 5 and service charge provisions for shared mall facilities."
1. Parties: Identification and details of landlord and tenant
2. Background: Context and purpose of the lease
3. Definitions: Key terms used throughout the lease
4. Demise: Description of premises and rights granted
5. Term: Duration of lease and any break options
6. Rent and Other Payments: Rent amount, payment terms, and other financial obligations
7. Repair and Maintenance: Obligations regarding property maintenance
8. Insurance: Insurance requirements and obligations
9. Assignment and Underletting: Rules regarding transfer of lease rights
1. Break Clause: Early termination provisions - used when parties want flexibility to end lease early
2. Rent Review: Provisions for periodic rent adjustments - typically included for leases over 5 years
3. Service Charge: Provisions for shared services and costs - included for multi-let properties
4. Green Lease Provisions: Environmental performance obligations - included when environmental considerations are important
1. Schedule 1 - Property Plan: Detailed plans showing the leased premises
2. Schedule 2 - Rights Granted: Specific rights granted to tenant
3. Schedule 3 - Rights Reserved: Rights retained by landlord
4. Schedule 4 - Service Charge: Detailed service charge provisions and calculations
5. Schedule 5 - Rent Review Provisions: Detailed rent review mechanism
6. Appendix 1 - Photographic Schedule: Condition record of premises at lease start
Authors
Adjoining Property
Agent
Alterations
Annual Rent
Base Rate
Break Date
Break Notice
Building
Business Day
Common Parts
Conduits
Contractual Term
Default Interest Rate
Demised Premises
Environmental Laws
Guarantor
Insurance Rent
Insured Risks
Interest
Landlord
Landlord's Fixtures
Lease
Permitted Use
Planning Acts
Premium
Property
Quarter Days
Rent
Rent Commencement Date
Rent Payment Days
Rent Review Date
Reserved Rights
Service Charge
Service Charge Year
Services
Tenant
Tenant's Fixtures
Term
Term Commencement Date
Title Matters
Uninsured Risk
VAT
Working Hours
Term
Rent
Rent Review
Insurance
Repair and Decoration
Alterations
Use
Compliance with Laws
Assignment and Underletting
Break Rights
Service Charge
Utilities and Outgoings
Access and Security
Quiet Enjoyment
Landlord's Covenants
Tenant's Covenants
Forfeiture
Yielding Up
Planning
Environmental Matters
Health and Safety
Signs and Advertisements
VAT
Notices
Registration
Exclusion of Security of Tenure
Insurance Provisions
Indemnities
Rights and Reservations
Default Interest
Costs
Dispute Resolution
Governing Law and Jurisdiction
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