The rent of a shop or any commercial asset is basically set according to the value locality of that particular commercial area. In exchange for a rent reduction i d be happy to pre pay sign a longer lease commitment or extend the termination notice time an extra month or two.
Respected sir with due respect i am writing this letter to you to ask for a favor as you know my income is not up to the mark.
Commercial rent reduction letter sample. Is your landlord or agent willing to negotiate. Dear recipient s name i am writing this letter to inform you that our lease agreement is going to be ended on 25th february of this year. Letter to flat owner for reduce flat rent.
My wife and i have lived at the above address for the past three years and enjoy the quiet neighborhood and central location. An example rent reduction letter. Download commercial rent reduction letter sample doc.
May 13th 2018 letter reducing rent bank letters commercial terms complaint letters corporate letters as for the reduction of rent sample letter requesting rent reduction microsoft office may 13th 2018 i am needing to write a rent reduction request to my landlord can anyone help. I want to put forward my argument that the area in which your shop is situated is. Sample rent reduction request letter.
As a result of these market conditions landlords of commercial properties are realizing that less rental income might be better than an empty space generating no income at all. Gary smith 426 spring road camden nj 08030. Request for reduction of rent.
Along with writing a commercial sample letters to be forgiven it into your question fast rule look around the negotiation process of my wife and so properly without asking for. Rent reduction request letter. Sample letter to reduce shop rent.
Remember this letter needs to address your issues in a positive tone and get the negotiations off on the right foot. Draft an email to your property manager and ask for the rent to be the new lower price you worked out. Sample letter to owner to reduce the rent of shop flat house office or commercial building which you are using as a tenant.
Rent reduction request letter due to the downturn in the economy many restaurants are struggling and the market for commercial rental property is softening as well. Anthony bloomberg 324 cherry lane columbia nj 08045. If neither of these interests you i m open to other ideas that might work for you.
Commercial rent reduction request letter. The agreement will cease on 26th feb 14. If the area is central to the city it is highly expensive same is the ration in vice versa.
With the lease renewal my earnest request to reduce the rent by rs 3 000 per month. I am writing to you in regard to the completion of our lease agreement dated 27th mar 13 for a period of 11 months. To nadeem fayyaz cant lahore.
With the renewal of the lease i would like to request you to reduce 1000 in the rent. Download commercial rent reduction letter sample pdf.