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Notice Of Commercial Lease Termination Template for England and Wales

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Key Requirements PROMPT example:

Notice Of Commercial Lease Termination

"I need to draft a Notice of Commercial Lease Termination for our retail unit at 123 High Street, London, exercising the break clause that becomes effective on March 15, 2025, ensuring compliance with the three-month notice period required in our lease."

What is a Notice Of Commercial Lease Termination?

The Notice of Commercial Lease Termination is a crucial document in property law that provides formal notification of a party's intention to end a commercial lease. Used extensively throughout England and Wales, this notice must comply with strict statutory requirements and timing provisions. It should clearly state the termination date, property details, and basis for termination, whether through a break clause, expiration, or other grounds. The document serves as official record of the intended termination and triggers the process for ending the commercial tenancy.

What sections should be included in a Notice Of Commercial Lease Termination?

1. Sender Details: Full name and address of landlord/landlord's agent sending the notice

2. Recipient Details: Full name and address of tenant receiving the notice

3. Property Details: Full address and description of leased premises being terminated

4. Lease Reference: Date of original lease, parties involved, and any relevant lease registration details

5. Termination Statement: Clear and unambiguous statement of intention to terminate the lease and the effective termination date

6. Legal Basis: Reference to relevant clause in lease or statutory provision under which termination is being made

7. Signature Block: Signature of landlord/authorized agent, date of notice, and contact information

What sections are optional to include in a Notice Of Commercial Lease Termination?

1. Reason for Termination: Required if terminating for breach or specific cause, detailing the grounds for termination

2. Vacation Requirements: Specific requirements for returning the property, including condition and timing expectations

3. Security of Tenure Statement: Required if lease is protected under Landlord and Tenant Act 1954, stating whether new lease will be offered

4. Payment Instructions: Details of any final payments required or settlement of accounts

What schedules should be included in a Notice Of Commercial Lease Termination?

1. Original Lease: Copy of the original lease agreement being terminated

2. Authority Evidence: Documentation proving authority to serve notice if given by agent or representative

3. Property Plans: Plans or drawings of the premises if needed for clear identification

4. Proof of Service: Documentation showing proper service of the notice according to lease requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions




















Clauses


















Industries

Landlord and Tenant Act 1954: Primary legislation governing security of tenure for business tenancies, particularly Sections 25 and 26 regarding termination notices and renewal procedures

Law of Property Act 1925: Fundamental property law legislation that governs legal estates in land and requirements for property transactions

Landlord and Tenant (Covenants) Act 1995: Legislation governing the enforcement of covenants in commercial leases and the implications of lease termination

Notice Requirements: Statutory and contractual requirements including minimum notice periods, proper form and content of notices, and correct method of service

Break Clause Requirements: Specific conditions that must be met when exercising a break clause, including timing requirements and any pre-conditions specified in the lease

Security of Tenure Provisions: Considerations regarding whether the lease is protected under the 1954 Act, if protection has been contracted out, and procedures for opposing renewal

Contractual Compliance: Specific notice provisions, pre-conditions for termination, and service requirements as detailed in the original lease agreement

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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