Business Lease Transfer Letter Template

Business Lease Transfer Letter Template

[Name of Lessee]
Owner/Operator
[Name of Business]
[Street Address]
[City], [State] [Zip/Postal Code]

[Date]

[Name of Property Manager]
Property Manager
[Name of Lessor's Company]
[Street Address]
[City], [State] [Zip/Postal Code]

Subject: Transfer of business lease on [NAME OF BUSINESS] 

Dear Mr. /Ms. /Mrs. [SURNAME OF PROPERTY MANAGER],

This is in reference to the commercial space we are leasing at [COMMERCIAL PROPERTY ADDRESS] where my business [NAME OF BUSINESS] is located and currently operating. I would like to inform you that due to certain circumstances affecting the business, I am transferring the lease on the business property to [NAME OF ASSIGNEE]. You may recall that you had a meeting with me and [NAME OF ASSIGNEE] on [DATE], and this was extensively discussed by us. This letter is to inform you that the transfer of the business lease will push through. Once the assignment agreement is signed by us three, the lease will now be the responsibility of [NAME OF ASSIGNEE]. A copy of the agreement is enclosed with this letter for your perusal and signature.

I hope for your kindest consideration on the matter. As of now I am still trying to sort things out with the business. However, if you have any concerns regarding the transfer, please do not hesitate to call me at [PHONE NUMBER]. We can also arrange a personal meeting if you want. 

Thank you very much for doing good business with us for the last [N] [months/years]. I truly appreciate your patience. 

All the best,

[Name of Lessee]