______________________(the “Premises”). We wish to express our interest to lease the Premises for the establishment of a ___________________. Below are our proposed lease terms and conditions.
PROPOSED BASIC TERMS & CONDITIONS
1. Leased Term 2. Leased Area 3. Store Format 4. Rental Scheme 5. Lease Term 6. Basic Rent 7. Escalation Rate 8. Advance Rent 9. Security Deposit 10. Grace Period 11. Site Turn Over 12. Rental Effectivity 13. Demolition Cost 14. Tax Considerations 15. Proposed Lessor’s Representations and Warranties 16. Pre- Termination 17. Assignment 18. Technical Viability
The above-proposed terms and conditions will form part of
the principal Contract of Lease, which we will execute once we have completed all our necessary assessments/ evaluations and we have reached an agreement on all of the provisions of the Contract of Lease.