1. Parties InvolvedThis Restaurant Lease Agreement (“Agreement”) is entered into by and between [Landlord’s Name] (“Landlord”), with an office address at [Landlord’s Address] and [Tenant’s Name] (“Tenant”), with a business address at [Tenant’s Address], collectively referred to as “Parties”.
2. PremisesThe premises being leased is located at [Restaurant Address], consisting of approximately [Square Footage] square feet. The premises will be used solely for the operation of a restaurant business.
3. Term of LeaseThe term of this Agreement will commence on [Start Date] and will continue until [End Date], unless otherwise terminated in accordance to the provisions of this Agreement.
4. RentThe monthly rent for the Premises is [Monthly Rent] payable on the first day of each calendar month.
5. Security DepositUpon execution of this Agreement, Tenant will provide a security deposit of [Security Deposit Amount] to Landlord.
6. Maintenance and RepairsTenant will be responsible for all maintenance and repairs to the Premises, except for major structural repairs, which are the responsibility of the Landlord.
7. InsuranceTenant will maintain at its expense a policy of liability insurance with minimum limits of [Insurance Amount]
8. Use of PremisesThe Premises will be used for the operation of a restaurant and for no other purpose without the prior written consent of the Landlord.
9. Compliance with LawsTenant will comply with all applicable laws, regulations, and ordinances governing the operation of a restaurant business.
10. IndemnificationTenant will indemnify and hold Landlord harmless from any claims, damages, or liabilities arising out of Tenant’s operation of the restaurant.
11. DefaultIf Tenant fails to comply with any term of this Agreement, Landlord may terminate this Agreement upon providing [Notice Period] days’ written notice to Tenant.
12. Governing LawThis Agreement will be governed by and construed in accordance with the laws of the state of [State].
13. Entire AgreementThis Agreement contains the entire agreement between the Parties and supersedes all prior agreements and understandings, whether written or oral, relating to the subject matter of this Agreement.
________________________ Date: ____________
________________________ Date: ____________ NOTE: This is a basic contract template and might not cover all legal requirements for your specific situation. The parties involved should consider seeking legal advice before entering into any contract or agreement.
Other Useful ContractsAfter using the Restaurant lease agreement template, you might also be interested in exploring more templates to lease additional spaces for your business. If you are planning to expand your restaurant business into a shopping mall, then the Shopping Mall Lease Agreement Template would be highly beneficial. This template allows you to have a comprehensive contract ready, which can guide you through the process of leasing a retail space in a mall, ensuring your rights and responsibilities as a tenant are clearly defined.
Expanding your food business might also mean you need a warehouse for storage purposes. To ensure you have a legally sound agreement for this, give our Warehouse Lease Agreement Template a look. It provides an outline that covers all the crucial aspects such as monthly rent, security deposit and the terms and conditions of leasing a warehouse.
If your expansion plans include opening franchise locations, the Franchise Location Lease Agreement Template is a must-have. This template guides you in drafting a robust lease agreement that not only protects your interests but also ensures a smooth operation of your franchise outlets.
Lastly, if you are considering the idea of subletting your commercial properties, the Commercial Sublease Agreement Template could be incredibly useful for you. This resource helps you understand the nuances of subletting and ensures that you draft an agreement that’s compliant with local laws while safeguarding your property.