L
lisach
Guest
PLease help we have to give an answer by Monday
We have entered into a commercial lease with a landlord for a retail space.
The lease included a specified amount for rental. And it contains a
utilities clause. IT says "Landload/tenant will agree upon a monthly tenant
electrial usage." We are actually subleasing an amount of retail floor space
within a larger old grocery store which is all on the same electrical meter.
We made the offer to pay 100.00 which was based on information provided by
an electritian installing additional outlets for us. The landlord said no
and wants us to pay 25% of the electrical bill which is very open ended. We
investigated and found out the electrical bill could run as high as 7000.00
per month.
Can we back out of the lease at this point? We have only paid 1 months rent
and have not officially opened our business yet.
We have entered into a commercial lease with a landlord for a retail space.
The lease included a specified amount for rental. And it contains a
utilities clause. IT says "Landload/tenant will agree upon a monthly tenant
electrial usage." We are actually subleasing an amount of retail floor space
within a larger old grocery store which is all on the same electrical meter.
We made the offer to pay 100.00 which was based on information provided by
an electritian installing additional outlets for us. The landlord said no
and wants us to pay 25% of the electrical bill which is very open ended. We
investigated and found out the electrical bill could run as high as 7000.00
per month.
Can we back out of the lease at this point? We have only paid 1 months rent
and have not officially opened our business yet.