Consent for Subleasing of Commercial Premises Fill out the template

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Consent for Subleasing of Commercial Premises

Last revision Last revision 01/01/2024
Formats FormatsWord and PDF
Size Size4 to 6 pages
Fill out the template

Last revisionLast revision: 01/01/2024

FormatsAvailable formats: Word and PDF

SizeSize: 4 to 6 pages

Option: Help from a lawyer

Fill out the template

This document is a Consent to Sublease a commercial property that a landlord uses to give their official consent to sublease the commercial property. There are three parties listed in this consent to sublease document namely: the Landlord, the Tenant (also known as the Sublandlord) and the Subtenant. The Landlord is usually the owner of the commercial property to which this consent relates. It is for this reason that the landlord's consent is needed. The Tenant (or Sublandlord) is the original person or company to whom the Landlord rented the commercial property. The Tenant may seek to transfer its right to lease the property to another party for a multitude of reasons. This third party is referred to as the Subtenant, and the Subtenant may be granted a lease over the whole property or a part of the property.

A Consent to Sublease is a relatively simple document that expresses the conditions on which the landlord agrees to the subleasing of the property, and the basis on which the parties will interact moving forward. The basis for the simplicity of this document is because the Lease Agreement and the Sublease Agreement both contain much more detail and are often attached to this consent.

This Consent to Sublease is particularly required for any situation where the Lease Agreement states that the Tenant is not allowed to sublease without the express consent of the Landlord. This provision is usually standard in a commercial lease and as such, this consent to sublease will prove particularly useful in almost all commercial subleasing arrangements.

This Consent to Sublease should only be used when the original lease is a commercial lease, rather than a residential one.

This Consent to Sublease relates to a commercial property in England and Wales, and should only be used where the jurisdiction is England and Wales.

 

How to use the document

This document should be used when a Tenant has identified a Subtenant who is ready to take over their lease responsibilities and the Landlord has been verbally informed about this development. Hence, this document should be used when all the relevant parties have already come to a verbal agreement on the terms contained in this document.

In this document, the correct information about each party should be entered, including their respective names and addresses, what type of entity each party is, the address of the commercial property, the description of the commercial property, the important dates and other important information. There are also specific questions asked such as insurance and costs incurred information if applicable.

When this document is filled out, it should be signed in counterparts, which means that each party should sign copies and send them to the other parties. This can be done by whatever method the parties agree such as email, fax or post. It can then be attached to the Lease Agreement or the Sublease Agreement. Each party should also keep a copy for themselves.

Because this Consent to Sublease relates to an interest in land, it must be executed as a deed. This means that it must be in writing and should be signed in the presence of a witness. Where a party is a company, instead of a witness, it can be signed by two directors or a director and a company secretary. Where a party is a partnership, it can be signed by two partners in the partnership or all the partners in the partnership.

 

Applicable Law

Law of Property Act 1925

Land and Tenant Act 1954

Law of Property (Miscellaneous Provisions) Act 1994

 

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