Shop Tenancy Agreement

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

Parties

This Shop Tenancy Agreement ("Agreement") is made and entered into on this {{day}} day of {{month}}, {{year}}, by and between:

Landlord: {{landlord_name}} of {{landlord_address}} (hereinafter referred to as "the Landlord")

AND

Tenant: {{tenant_company_name}}, a company duly registered under the laws of {{country}}, with registration number {{registration_number}}, and having its registered office at {{tenant_address}}, represented by {{tenant_representative_name}} (hereinafter referred to as "the Tenant")

Premises

The Landlord hereby agrees to let and the Tenant hereby agrees to take on lease the commercial shop premises located at {{shop_address}} (hereinafter referred to as "the Premises"). The Premises shall be used exclusively for {{type_of_business}} purposes.

Term of Tenancy

The tenancy shall be for a fixed term of {{lease_term_years}} ({{lease_term_years_words}}) years, commencing on {{commencement_date}} and terminating on {{termination_date}}.

Rent

The Tenant shall pay to the Landlord a monthly rent of {{currency}} {{rent_amount}} ({{rent_amount_words}}) payable in advance on the first day of each calendar month. Rent shall be paid to {{landlord_bank_details}}.

Security Deposit

The Tenant shall pay a security deposit of {{currency}} {{security_deposit_amount}} ({{security_deposit_amount_words}}) to the Landlord upon signing this Agreement. This deposit shall be refundable upon the termination of this Agreement, less any deductions for unpaid rent or damages to the Premises.

Tenant's Covenants

The Tenant covenants with the Landlord as follows:

a) To pay rent on the due dates.

b) To keep the Premises in good and tenantable repair.

c) Not to make any structural alterations to the Premises without the prior written consent of the Landlord.

d) To comply with all laws, regulations, and bylaws relating to the use of the Premises.

Landlord's Covenants

The Landlord covenants with the Tenant as follows:

a) To ensure the Tenant has quiet enjoyment of the Premises.

b) To maintain the structural integrity of the Premises.

c) To effect repairs to the exterior and common areas of the building.

Termination

This Agreement may be terminated by either party giving {{notice_period}} months' written notice to the other party, or as otherwise provided by law for breach of any covenant herein.

Governing Law

This Agreement shall be governed by and construed in accordance with the laws of {{country}}.

Signature Block

IN WITNESS WHEREOF, the parties have executed this Agreement on the date first above written.

_____________________________

Landlord's Signature

{{landlord_name}}

_____________________________

Tenant's Representative Signature

{{tenant_representative_name}}

For: {{tenant_company_name}}