Breaking a commercial lease agreement can be a daunting task, as it typically involves legal consequences and a potential financial burden. However, there may be instances when breaking a lease is necessary, such as if your business is struggling or if you need to relocate. In these situations, it`s important to have a professional and respectful approach to breaking the lease.
One way to approach breaking a commercial lease agreement is to write a sample letter to your landlord. This letter should be professional, concise, and clear about your intentions to break the lease. Below is a sample letter that can be adapted to fit your specific situation:
[Your Name]
[Your Business Name]
[Your Address]
[City, State ZIP Code]
[Date]
[Landlord`s Name]
[Landlord`s Business Name]
[Address]
[City, State ZIP Code]
Dear [Landlord`s Name],
I am writing to formally notify you of my intention to terminate the commercial lease agreement that I have with you for [address of leased commercial space]. As per the lease agreement, I am required to provide notice of my intent to vacate the premises [insert number of days or months based on your lease`s terms] in advance of the intended move-out date.
Unfortunately, due to unforeseen circumstances, I am unable to continue operating my business from this location. While it was not an easy decision to make, I believe it`s in the best interest of both parties to terminate the lease agreement as soon as possible.
I am willing to work with you to ensure a smooth transition and avoid any unnecessary financial burden on either party. I will ensure that the property is left in the same condition as when I first moved in and that all rental payments are up to date. I am also willing to provide referrals to potential tenants who may be interested in leasing the space.
Please let me know if there is any additional information you require, or if you have any concerns or questions. Thank you for your understanding and cooperation in this matter.
Sincerely,
[Your Name]
By writing a professional and respectful letter to your landlord, you can ensure that the process of breaking the commercial lease agreement is as smooth as possible. It`s important to remember that breaking a lease agreement can have legal consequences, so it`s always advisable to consult with a lawyer or legal professional before taking any steps.