Side letter agreement to reduce commercial rent by 50% for 12 months

Job ID: 35106177

Budget: £10 – £20 GBP

Require a solicitors side letter agreeing to reduce commercial rent by 50% for the next 12 months reducing from £750 to £375 per month.

Landlord is my pension (Rowanmoor SIPP M0005628) and Tennant is myself trading as Sol Tan Studio.

I have a lease in place currently for £750 a month but I need this reduction due to all increases in costs are making the business unviable at current rent levels.
Related categories: Legal Property Law Property Management