____________________ [name of the recipient]
____________________ [designation of the recipient]
____________________ [address of the recipient]
Date: Mention the date on which the letter is written
Subject: Business lease termination
Dear _________ [name of the recipient]
We are writing this letter with reference to the lease agreement that we entered with you on _________ [date on which the lease agreement was entered] for leasing our property located at ____________ [mention the address of the property that is leased] for your business use. As per the agreement, the property was leased for a period of ________ [mention the time period] but we wish to terminate this agreement earlier, with effect from ____________ [mention the date from which termination will be effective].
This termination decision has been taken as _____________ [mention the reason for the termination of the business lease]. As per the clause of the agreement we give you an advance notice of ________ [time period] to vacate the property. After the notice period we will check the property and will return your security deposit accordingly.
In case if you have any queries related to the termination, you can please call us on _________ [contact details].
______________ [name of the sender]
______________ [address of the sender]