How it works
You've found the prime location for your restaurant, and you're to sign a Restaurant Lease and seal the deal with your landlord. Or maybe you have commercial space to lease and a hot new chef is interested. Restaurants often require different terms than other businesses. Getting a Restaurant Lease taken care of helps satisfy both landlord and tenant.
Commercial landlords want their tenants to succeed. If a Restaurant Lease is in order, both people need to agree on certain terms. You'll want to discuss insurance for those potential kitchen fires and the basics like when rent is due. Some commercial spaces don't have a lot of traffic. But a successful eatery may have customers lining up around the block. Landlords have a little more to worry about when they're leasing the city's most popular watering hole. And tenants also need to be protected. What if the space is almost perfect - but you want to negotiate for the landlord to paint over that mural in the foyer? Using a Restaurant Lease can help get the process started.
Other names for this document: Restaurant Lease Agreement, Commercial Lease Agreement
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