A sublease contract is a legal agreement between a tenant and a subtenant that allows the subtenant to rent a portion of the tenant`s commercial space. This type of arrangement is common amongst businesses that require only a portion of a larger commercial space, or those that need temporary or short-term space. Here is a guide to help you craft a sample contract of sublease for commercial space:

1. Provide the Identity of the Parties Involved: The contract should identify the tenant, subtenant, and landlord. Include their legal names, addresses, and contact information.

2. Define the Space to be Subleased: The contract should specify the portion of the space being leased, its floor plan, square footage, and any other relevant details.

3. State the Term of the Sublease: The contract should state the start and end date of the sublease, including any renewal options.

4. Include Rent and Other Fees: The contract should specify the amount of rent and any additional fees required to occupy the subleased space. This could include common area maintenance charges, utilities, and insurance. Also, outline the payment terms, including the due date, late payments, and penalties.

5. Outline the Use of the Space: The contract should detail the permitted use of the subleased space. This could include limitations on the use of the space, how it should be maintained, and compliance with any zoning regulations.

6. Protect the Security Deposit: Include the amount and terms of the security deposit, along with the conditions under which it will be returned.

7. Include Termination and Default Clauses: The contract should cover the conditions under which the sublease can be terminated, including any penalties. Additionally, include what actions will constitute a default under the agreement, such as the failure to pay rent or violating any of the other terms.

8. Breach of Contract Clauses: If any of the parties defaults on the agreement, the contract should specify the recourse available, including legal action and mediation.

9. Confirm Understanding: Lastly, the contract should specify that the parties have read and understood its provisions, in addition to their willingness to abide by them.

In conclusion, crafting a sublease contract for commercial space is a crucial aspect of any business transaction. By ensuring that all parties involved understand the terms and abide by them, both tenant and subtenant can have a successful and profitable experience.