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Commercial Sublease Agreement Template for Ireland

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Key Requirements PROMPT example:

Commercial Sublease Agreement

"I need a Commercial Sublease Agreement for subletting half of my retail space in Dublin to a fashion retailer, including provisions for shared storage space and signage rights, with the sublease to commence on March 1, 2025."

Document background
The Commercial Sublease Agreement is essential when a tenant wishes to transfer part or all of their leased commercial space to another party while maintaining their obligations under the original lease. This document is commonly used in Ireland when businesses need to downsize, generate additional income from excess space, or accommodate changing business needs. The agreement must carefully balance the rights and obligations between the sublandlord, subtenant, and head landlord, ensuring compliance with Irish property law and the terms of the head lease. It typically includes detailed provisions about property use, rent, maintenance, insurance, and service charges, while also addressing specific requirements for commercial property subleasing in Ireland. This document is particularly relevant in today's dynamic business environment where flexibility in commercial space utilization is increasingly important.
Suggested Sections

1. Parties: Identification of the sublandlord and subtenant, including full legal names and addresses

2. Background: Context of the sublease, including reference to the head lease and authority to sublease

3. Definitions: Definitions of key terms used throughout the agreement

4. Demise: The formal grant of the sublease, including the property description and term

5. Rent and Payment Terms: Details of rent amount, payment schedule, and review provisions

6. Service Charges: Obligations regarding service charges and other outgoings

7. Use of Premises: Permitted use of the property and any restrictions

8. Repairs and Maintenance: Responsibilities for repairs and maintenance of the premises

9. Insurance: Insurance requirements for both parties

10. Assignment and Subletting: Restrictions and conditions for further assignment or subletting

11. Alterations: Provisions regarding modifications to the premises

12. Compliance with Head Lease: Subtenant's obligations to comply with head lease terms

13. Termination: Circumstances and procedures for ending the sublease

14. Yield Up: Obligations regarding return of the premises at lease end

15. Notices: Process for serving formal notices between parties

16. Governing Law: Confirmation of Irish law governance and jurisdiction

Optional Sections

1. Break Clause: Optional provision allowing early termination under specific conditions

2. Rent-Free Period: Details of any rent-free period granted at the start of the term

3. Guarantor Provisions: Required when a guarantor is securing the subtenant's obligations

4. Fit-Out Works: Include when specific tenant improvements are permitted or required

5. Service Level Agreement: Needed when specific services are provided by the sublandlord

6. Environmental Provisions: Additional environmental obligations beyond standard compliance

7. Car Parking: Include when parking spaces are part of the sublease

8. Signage Rights: When specific provisions for external or internal signage are needed

9. Utilities Separation: Required when utilities need to be separately metered or charged

Suggested Schedules

1. Schedule 1 - Property Description: Detailed description of the subleased premises including plans

2. Schedule 2 - Head Lease: Copy or relevant excerpts of the head lease

3. Schedule 3 - Rent Review Provisions: Detailed mechanism for rent reviews

4. Schedule 4 - Service Charge Provisions: Detailed breakdown of service charge calculations and items

5. Schedule 5 - Condition Schedule: Description or photographs of premises condition at lease start

6. Schedule 6 - Permitted Alterations: List of pre-approved alterations if any

7. Schedule 7 - Building Rules and Regulations: Specific rules governing the use of the building

8. Appendix A - Plans: Floor plans and site plans of the premises

9. Appendix B - Inventory: List of any fixtures, fittings or equipment included in the sublease

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

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Relevant Industries

Real Estate

Retail

Office Space

Industrial

Hospitality

Technology

Professional Services

Manufacturing

Healthcare

Education

Entertainment

Logistics

Co-working Space

Financial Services

Relevant Teams

Legal

Real Estate

Facilities Management

Operations

Finance

Risk and Compliance

Administration

Property Management

Business Development

Corporate Services

Relevant Roles

Legal Counsel

Property Manager

Facilities Manager

Real Estate Director

Operations Manager

Chief Financial Officer

Commercial Director

Business Development Manager

Company Secretary

Risk Manager

Compliance Officer

Asset Manager

Property Administrator

Lease Administrator

Office Manager

Industries








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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