a couple of important legal terms you will see in this restaurant lease agreement include“lessor” and “lessee.” the lessor is the landlord or property owner. therefore, it is worth the time to carefully review the lease and nail down all of the specifics. the lessee shall be allowed to take possession on the first day of the term of this agreement, and shall yield possession to the lessor on the last day of this agreement, unless otherwise stipulated and agreed upon by both parties in writing. it is the intention of the parties that this lease shall be considered a “triple net lease” and lessee is responsible for the following: a. operating expenses. the lessor is leasing the premises to the lessee and the lessee is hereby agreeing to lease the premises for the sole purpose of operating the above-referenced restaurant. the lessee agrees that no leasehold improvements, alterations or changes of any nature, (except for those listed on any attached addenda) shall be made to the leasehold premises or the exterior of the building without first obtaining the consent of the lessor in writing, which consent shall not be unreasonably withheld, and thereafter, any and all leasehold improvements made to the premises which become affixed or attached to the leasehold premises shall remain the property of the lessor at the expiration or termination of this lease agreement.
nothing in the lease shall be construed to authorize the lessee or any other person acting for the lessee to encumber the rents of the premises or the interest of the lessee in the premises or any person under and through whom the lessee has acquired its interest in the premises with a mechanic’s lien or any other type of encumbrance. moreover, the lessee will be responsible for the professional remediation and removal of grease to evade spillage. the failure of lessor to exercise its rights in connection with this lease or any breach or violation of any term or any subsequent breach of the same or any other term, covenant or condition herein contained shall not be a waiver of such term, covenant or condition or any subsequent breach of the same or any other covenant or condition herein contained. furthermore, the lessor makes no representation or warranty with respect to the condition of the premises or its fitness or availability for any particular use, and the lessor shall not be liable for any latent or patent defect therein. should the lessee continue to occupy the premises after the expiration of the said term or after a forfeiture incurred, whether with or against the consent of the lessor, such tenancy shall be a tenancy at sufferance and in no event a tenancy from month to month, or from year to year. no amendment of this lease shall be effective unless reduced to writing and subscribed by the parties with all the formality of the original. it is proof that a transaction occurred and can be provided to the buyer’s local department of motor vehicles (dmv).
this pro-landlord lease agreement is designed for a large shopping center leasing space to a restaurant tenant who will also have a liquor license. generally, a fairly long initial lease term is required to amortize the extensive improvements necessary for food service tenants. the tenant is to receive a construction allowance based upon the amount of square footage in the premises. the tenant is not required to pay percentage rent, but is responsible for its proportionate share of operating expenses. the tenant is to receive a construction allowance computed the amount of square foot in the premises. this form is designed for a freestanding restaurant that will pay percentage rent in addition to minimum rent for its food service location. this lease is designed for a small sandwich and salad food service operation located on the ground floor of an office building.
this lease is for a tenant leasing space in a retail strip mall for a sports bar operation. the tenant will accept the premises in their “as-is” condition, but will receive a construction allowance from the landlord to construct its improvements to the premises with its own contractor. the form that follows is for a restaurant tenant (also serving alcoholic beverages) who leased the landlord’s property, and built a new restaurant on the site. the lease gives the tenant a right of first refusal to purchase the property in the event the landlord receives a third party offer for the real estate that it wants to accept. the tenant is to receive a construction allowance, pay percentage rentals, and receive a term on the ground lease lengthy enough to amortize the expensive improvements involved. the following form is designed for a transaction in which the landlord leases a building to the operator of a gentleman’s club with a liquor license. the following form is designed for a commissary lease for a restaurant tenant with multiple outlets in the same market.
this lease agreement (this “lease”) is made to be effective as of the date percentage rent for the period from the opening of the restaurant until the rent. this clause should explain how much the tenant will pay the landlord — and when. depending on payment arrangements, this may be split into monthly what should be included in a commercial lease agreement? the location and description of your property the legal name of each tenant how long the tenancy, what are the types of leases, restaurant lease agreement template free, restaurant lease agreement template free, hotel restaurant lease agreement, auto repair shop lease agreement.
a restaurant lease agreement is a standard legal document used by landlords or lessors when renting their commercial restaurant property to the lease agreement between landlord and tenant will specify what is included with the “premises” and what type of condition the premises a commercial lease agreement allows a landlord to lease a space for are ideal for most shopping centers, restaurants and small shops., simple shop rental agreement, restaurant sublease agreement, commercial lease agreement pdf, 5 year commercial lease agreement, warehouse lease agreement, month to-month commercial lease agreement, commercial lease to own agreement template, office lease agreement, corporate lease agreement, commercial rent agreement format in word.
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