Licence to use Furnished and Serviced Office Suite (with Service Charge)

Licence to use Furnished and Serviced Office Suite (with Service Charge)

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.

Service Charge

In addition to the rent, the Licensee agrees to pay a service charge of [Amount in GBP] per month, covering additional services such as maintenance, cleaning, and shared facilities. The service charge 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 a Service Charge?

A Licence to Use with a Service Charge allows the Licensee to utilize a furnished and serviced office suite for business purposes, with an additional service charge covering maintenance, cleaning, and shared facility expenses.

What does the Service Charge encompass in this Licence?

The Service Charge covers additional services such as maintenance, cleaning, and shared facility usage, ensuring a well-maintained and collaborative working environment for the Licensee.

How is the Service Charge calculated, and can it change over time?

The Service Charge is typically a fixed amount per month, subject to periodic reviews as agreed upon by both parties. Any changes to the Service Charge are documented in writing.

Can the Licensee use the office suite for purposes other than business?

The Licensee is generally required to use the office suite solely for business purposes. Any change in the use of the premises requires written consent from the Licensor.

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

The Licensor provides furnishings and equipment within the office suite, and the Licensee is responsible for using them with care. Damages should be reported promptly to the Licensor.

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 Licence be terminated before the agreed term, and what is the notice period?

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.

How are shared facilities managed in the building, and who has access to them?

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.

Is the Service Charge subject to VAT, and how is it invoiced?

The Service Charge may be subject to VAT, and the invoicing details are typically outlined in the Licence. It’s essential for the Licensee to understand the VAT implications.

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.