Commercial Sublease Agreement
Sublet business premises for the rest of your lease, with the head lease terms flowing through.
Let a commercial tenant sublet its space to another business.
- Business / Legal document
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Key features
Head lease, premises and plan
The head lease's date, landlord and expiry, a copy for the subtenant, and the space sublet with a plan where there is one.
Use within the head lease
Permitted use described precisely, which must be within what the head lease allows.
Rent and building costs
Rent with stepped changes, and the subtenant's share of taxes, insurance, common costs and utilities, with the sublandlord passing on statements.
Fit-out and services
Work each side does, consents needed and who supplies services, access and shared facilities.
Consent, insurance and indemnity
Whether the head landlord's consent is needed and obtained, insurance the subtenant carries, and cover for each party's own failures.
About this document
A commercial sublease lets a business tenant sublet all or part of its premises to another business for a term ending no later than its own lease. It sets out the head lease, the space, permitted use, rent, shared building costs, security, fitting out, services and what happens on damage, default and vacating.
It is a blank form to complete by hand, with a signature line for the head landlord's consent. The head lease usually controls what is allowed, including use, subletting and consent, so read it first and, for valuable space, ask a lawyer to review.
Is this document right for you?
Useful when
- You have more space than you need and a landlord who permits subletting
- You are a business wanting to take part of another's premises
- You want head lease obligations passed through clearly
Commonly used by
- Businesses downsizing or relocating
- Start-ups taking part of an office
- Tenants with surplus space
Not sure? about your situation first.
Alternatives
These are separate documents, for different jobs.
- Commercial lease agreementsSet the terms for renting business premises.View document
- Sublease agreementsRent out all or part of a place you're renting.View document
- Landlord's Consent to SubleaseRecord a landlord's consent to a sublease.View document
- Lease Assignment AgreementTransfer a tenant's lease rights and duties to someone else.View document
When to use this
- A company sublets a floor of its office
- A shop sublets a corner to another trader
- A tenant leaves early and sublets the remaining term
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More in Subleasing
- Sublease agreementsRent out all or part of a place you're renting.View document
- Landlord's Consent to SubleaseRecord a landlord's consent to a sublease.View document
- Gift deedFormally give property to someone as a gift.View document
- Residential lease agreementsSet the terms for renting a home.View document
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Questions
About the commercial sublease agreement
That depends on the head lease. The form has a blank for whether consent is needed and has been obtained, and what happens if it is not.
Still have a question? .