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Lease Proposal Letter
"I need a Lease Proposal Letter for a commercial office space in central London, offering a 5-year lease starting March 2025, with an annual rent of £250,000 and a break clause after 3 years."
1. Property Details: Full address and description of the property being offered for lease
2. Proposed Terms: Key commercial terms including lease duration, rent amount, and payment frequency
3. Commencement: Proposed start date and any conditions precedent
4. Security Requirements: Details of security deposit, guarantees, or other security measures required
5. Contact Information: Details of the landlord/agent and preferred method of contact
1. Break Options: Details of any proposed break clause terms and notice periods
2. Rent Review Provisions: Proposed rent review periods and mechanisms, if applicable to lease length
3. Service Charge Estimates: For properties with service charges, estimated annual costs and included services
4. Use Restrictions: For commercial properties, specific permitted use classes and restrictions
5. Fit-out Allowance: Any landlord contributions to tenant improvements or fit-out works
1. Floor Plan: Layout drawing of the property showing dimensions and features
2. EPC Certificate: Current Energy Performance Certificate for the property
3. Draft Lease: Preliminary version of the full lease agreement if available
4. Photographic Schedule: Current photographs showing the condition of the property
5. Service Charge Budget: Detailed breakdown of estimated service charge costs if applicable
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