Licence to use Furnished and Serviced Office Suite (with Inclusive Rent)

Licence to use Furnished and Serviced Office Suite (with Inclusive Rent)

This Licence (“the Licence”) is made and entered into on [Date], between:

Licensor

[Licensor’s Full Name]

[Licensor’s Address]

Licensee

[Licensee’s Full Name]

[Licensee’s Address]

Grant of Licence

The Licensor grants the Licensee the non-exclusive right to use the furnished and serviced office suite located at [Full Address of the Office Suite] (“the Premises”) for business purposes.

Term

This Licence shall commence on [Start Date] and continue for an initial term of [Number of Months], automatically renewing for subsequent terms of [Number of Months] each, unless terminated by either party with written notice.

Inclusive Rent

The Licensee agrees to pay the inclusive rent of [Amount in GBP] per month, covering rent, utilities, maintenance, and other agreed-upon services. The rent may be subject to periodic reviews as agreed upon by both parties.

Use of Premises

The Licensee shall use the Premises solely for business purposes in compliance with all relevant laws and regulations. Any change in the use of the Premises requires written consent from the Licensor.

Furnishings and Equipment

The Licensor provides furnishings and equipment within the Premises. The Licensee agrees to use them with care and report any damages promptly to the Licensor.

Termination

Either party may terminate this Licence by providing written notice to the other party. Upon termination, the Licensee shall vacate the Premises within the agreed notice period.

Condition of Premises

The Licensee agrees to maintain the Premises in good condition and promptly report any damages to the Licensor. The Licensor reserves the right to inspect the Premises with reasonable notice.

Shared Facilities

The Licensee acknowledges and agrees to share certain facilities, such as common areas and meeting rooms, with other licensees within the building.

Governing Law

This Licence is governed by and construed in accordance with the laws of England and Wales. Any disputes arising out of or in connection with this Licence shall be subject to the exclusive jurisdiction of the courts of England and Wales.

Entire Agreement

This Licence constitutes the entire understanding between the parties and supersedes all prior negotiations, understandings, or agreements, whether written or oral.

Signed: ____________________________ [Licensor’s Full Name] Date: ___________

____________________________ [Licensee’s Full Name] Date: ___________

[Licensor’s Full Name] [Licensor’s Signature]

[Licensee’s Full Name] [Licensee’s Signature]

What is a Licence to Use Furnished and Serviced Office Suite with Inclusive Rent?

A Licence to Use provides the Licensee with the right to utilize a furnished and serviced office suite for business purposes, with an inclusive rent covering various services, and is commonly used for flexible office arrangements.

What does the Inclusive Rent cover in this Licence?

The Inclusive Rent covers various costs, including rent, utilities, maintenance, and other agreed-upon services, streamlining financial obligations for the Licensee.

How long is the initial term of this Licence, and can it be renewed?

The initial term is specified in the Licence, and it automatically renews for subsequent terms unless either party terminates the agreement with written notice.

Can the Licensee change the use of the office suite during the Licence term?

Any change in the use of the office suite requires written consent from the Licensor. The Licence typically specifies the permissible use of the premises.

How is the condition of the Premises maintained during the Licence period?

The Licensee is responsible for maintaining the Premises in good condition and reporting any damages promptly to the Licensor. The Licensor may conduct inspections with reasonable notice.

Are furnishings and equipment provided, and how should they be used?

The Licensor provides furnishings and equipment within the office suite. The Licensee is required to use them with care and report any damages promptly to the Licensor.

Can the Licence be terminated before the agreed term?

Either party may terminate the Licence by providing written notice to the other party. The Licensee is required to vacate the premises within the agreed notice period upon termination.

Are there shared facilities in the building, and how are they used?

The Licensee acknowledges and agrees to share certain facilities, such as common areas and meeting rooms, with other licensees within the building, fostering a collaborative environment.

Can the Inclusive Rent be subject to periodic reviews?

Yes, the Inclusive Rent may be subject to periodic reviews, as agreed upon by both parties. Any changes are typically documented in writing.

How is any dispute resolved under this Licence?

This Licence is governed by the laws of England and Wales, and any disputes arising from it are subject to the exclusive jurisdiction of the courts of England and Wales.