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Pre Lease Agreement
"I need a Pre Lease Agreement for a retail unit in Manchester city centre, where the tenant will need to complete significant fit-out works before occupation, and we're aiming for lease completion by March 2025."
1. Parties: Details of the landlord and prospective tenant
2. Background: Context of the agreement and property details
3. Definitions: Key terms used throughout the agreement
4. Agreement to Grant Lease: Core obligation to enter into the lease
5. Property Description: Detailed description of the premises
6. Conditions Precedent: Prerequisites that must be satisfied before lease grant
7. Lease Terms: Key terms of the proposed lease
8. Deposit Requirements: Details of any required deposit
9. Timeframes: Completion dates and key deadlines
1. Works Provisions: Details of any works to be carried out before occupation
2. Planning Permission: Requirements for obtaining planning consent
3. Break Rights: Provisions for early termination
4. Survey Rights: Rights to survey the property
5. VAT Provisions: Treatment of VAT for VAT-opted properties
1. Draft Lease: Form of lease to be entered into
2. Property Plan: Plans showing the property
3. Specification of Works: Details of any required works
4. Conditions Schedule: Detailed conditions precedent
5. Form of Rent Deposit Deed: Template for rent deposit deed if deposit is required
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