The Commercial Property Licence Agreement Template UK is offered in multiple formats, including PDF, Word, and Google Docs, featuring both editable and printable versions for your convenience.
Commercial Property Licence Agreement Template UK Editable – PrintableSample
Commercial Property Licence Agreement Template UK 1. Licensor Information 2. Licensee Information 3. Property Details 4. Licensing Terms 5. Rent and Payment Details 6. Security Deposit 7. Use of Property 8. Maintenance and Repairs 9. Termination Conditions 10. Indemnity and Liability 11. Signatures and Agreement 12. Declaration and Signatures
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WORD
Examples
[Name of the Licensor]
[Licensor’s ID]
[Licensor’s Address]
[Licensor’s Phone]
[Licensor’s Email]
[Name of the Licensee]
[Licensee’s ID]
[Licensee’s Address]
[Licensee’s Phone]
[Licensee’s Email]
This agreement sets forth the terms and conditions under which the Licensor grants the Licensee permission to use the commercial property located at [Property Address], commencing on [Start Date].
The property covered under this licence includes [describe the property, e.g., “the first floor office space measuring 1200 square feet”].
The Licensee shall use the property exclusively for [specify purpose, e.g., “operating a retail business”], and for no other purposes without prior written consent from the Licensor.
The Licensee agrees to pay the Licensor a licence fee of [Amount] per [Month/Quarter/Year], due on [Payment Due Date, e.g., the first day of each month].
The duration of this licence shall be [Duration, e.g., “12 months”], commencing from the Start Date, with an option to renew, subject to mutual agreement.
The Licensee shall be responsible for maintaining the property in good condition and shall promptly notify the Licensor of any needed repairs.
The Licensee must obtain and maintain adequate insurance coverage for the property and provide proof of such insurance to the Licensor.
Either party may terminate this agreement with [Notice Period, e.g., “30 days”] written notice for any reason or under specific conditions detailed herein.
This agreement shall be governed by the laws of [Jurisdiction, e.g., “England and Wales”].
[Signature of the Licensor]
[Name of the Licensor]
[Signature of the Licensee]
[Name of the Licensee]
[Name of the Licensor]
[Licensor’s ID]
[Licensor’s Address]
[Licensor’s Phone]
[Licensor’s Email]
[Name of the Licensee]
[Licensee’s ID]
[Licensee’s Address]
[Licensee’s Phone]
[Licensee’s Email]
This agreement confirms the Licensor’s permission for the Licensee to occupy and use the commercial premises at [Property Address] for [specified purpose], starting [Start Date].
The licensed premises comprise [detail the specific areas and facilities included], along with access rights to [common areas, if any].
The Licensee shall not make any structural alterations to the property without the Licensor’s prior written consent and must comply with all relevant regulations.
The total fee for this licence is [Amount], payable in advance on [Payment Schedule, e.g., monthly or quarterly]. Any late payments will incur a penalty of [Penalty Amount].
The term of this agreement is fixed at [Duration], after which it may be renewed subject to renegotiation of terms.
The Licensee shall be responsible for paying all utility bills related to the use of the property, including but not limited to electricity, water, and gas.
The Licensee agrees to indemnify the Licensor against any claims arising from the use of the property by the Licensee or their guests.
The Licensor reserves the right to enter the property for inspection purposes with [Notice Period, e.g., “24 hours”] notice to the Licensee.
This agreement is governed by the laws of [Jurisdiction, e.g., “England and Wales”].
[Signature of the Licensor]
[Name of the Licensor]
[Signature of the Licensee]
[Name of the Licensee]
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