Restaurant Lease Termination Letter
Restaurant Lease Termination Letter
Date: [Month Day, Year]
[Property Owner's Name]
[Property Owner's Address]
Dear [Property Owner's Name],
Subject: Notice of Lease Termination
I am writing to formally notify you of our intention to terminate the lease agreement for the restaurant premises located at [Your Company Address]. This letter serves as our official notice of termination in accordance with the terms outlined in the lease agreement dated [Month Day, Year].
After careful consideration, we have made the decision to conclude our tenancy at the aforementioned premises. The effective date of termination will be [Month Day, Year], which complies with the [90-day] notice period requirement specified in the lease agreement.
We appreciate the opportunity to have operated our restaurant at this location and value the positive experiences we have had during our tenancy. However, due to strategic shifts in our business model, we find it necessary to vacate the premises at this time.
Please consider this letter as our formal request to initiate the process of lease termination. We will ensure that the premises are returned to you in good condition, and we will comply with any necessary procedures outlined in the lease agreement regarding the return of keys and inspection of the property.
We kindly request your cooperation in facilitating a smooth transition during the termination process. Should you have any questions or need further clarification, please do not hesitate to reach out via email at [Your Email].
Thank you for your attention to this matter. We appreciate your understanding and cooperation.
Sincerely,
[Your Name]
[Your Company Name]
