# COMMERCIAL LEASE RENEWAL REQUEST
Date: 18 June 2034
Parties: Elmbridge Design Studio Ltd and Calder Estates Ltd
## 1. Purpose and parties
Elmbridge Design Studio Ltd, company number 13264018, writes on 18 June 2034 to Calder Estates Ltd about the lease of Unit 4, Foundry Yard, Sheffield S3 8AA. The lease was completed on 1 September 2024, expires on 31 August 2034 and names Calder as landlord and Elmbridge as tenant.
## 2. Facts, scope and terms
Elmbridge requests a new five-year business tenancy from 1 September 2034, with a tenant-only break option on 31 August 2037 on six months' written notice. This is a proposal for discussion, not acceptance of a surrender or waiver of any right under the Landlord and Tenant Act 1954.
## 3. Process and responsibilities
The tenant proposes an initial rent of £36,000 per year, payable monthly in twelve instalments of £3,000, with an open-market review on 1 September 2037 capped at a 4% increase. Service charge should be limited to reasonable, evidenced costs for the estate and accompanied by an annual summary.
## 4. Evidence, records and safeguards
Elmbridge has paid every rent and service-charge invoice by its due date. It will continue to insure its equipment, keep the premises in repair to the extent required by the existing lease, and use the unit for graphic design and associated client meetings, subject to planning and any required consent.
## 5. Review, escalation and outcome
The tenant asks Calder to confirm by 5 July whether it will offer terms and, if so, to send a draft. Elmbridge will provide accounts and references reasonably needed for assessment, but asks that personal data be handled lawfully and that no guarantor or premium be assumed before terms are agreed.
## 6. Reservations and practical protections
If the landlord intends to oppose renewal, Elmbridge asks for the statutory basis and notice to be identified accurately and served in the required way. The parties may agree terms without prejudicing their positions, and Elmbridge will obtain advice on any notice, break condition, rent deposit or authorised guarantee.
## 7. England and Wales law and completion
This completed fictional request is dated 18 June 2034. It is governed by England and Wales law, creates no binding renewal until a document is executed or otherwise legally agreed, and should be sent to Calder Estates Ltd at 9 Market Street, Sheffield S1 2GH with a copy retained by Elmbridge.