In challenging economic conditions, commercial property landlords must be prepared for tenants to hit financial difficulties and for some to go out of business. If … Read More
Tag Archives: commercial property
Documenting short-term occupation for commercial landlords
No commercial landlord wants their property empty. A vacant unit costs money in repair, insurance, and business rates, without producing any income; and it could … Read More
Top tips for preparing to sell your commercial property
In a bumpy market, it pays to be well-prepared before you put your commercial property on the market. Your solicitor will help you to be … Read More
Solar panels – generating electricity on your commercial building
Commercial landlords are increasingly keen to show that their buildings are sustainable. With energy prices high and continuing uncertainty in the global energy markets, producing … Read More
Avoiding problems with easements on commercial land
If a neighbouring landowner uses part of your land for something, such as access or drainage, it is possible that they will have a formal … Read More
How to negotiate a turnover rent for retail premises
Turnover rents are increasingly common in retail lettings. In challenging times, they appeal to tenants because both the landlord and tenant share the risk of … Read More
Liability of former commercial tenants and guarantors
If your tenant defaults on the rent or breaches their commercial lease in some other way, you may be able to call on a former … Read More
Government extends ban on evictions until March 2022
The Government has announced that new rules will be introduced to ringfence commercial rent arrears arising from the pandemic, and to guide tenants and landlords … Read More
Coronavirus (COVID-19) Commercial Property Update
As we adapt to the changes that the coronavirus (COVID-19) is forcing on every aspect of life, we have compiled some FAQs on issues that … Read More
Redeveloping an empty pub for commercial use
Pubs are closing all too often nowadays and while this is a sad sight, it means there may be opportunities to find a new use … Read More
Options when your landlord breaches a commercial lease
Under a typical commercial lease, the landlord has fewer obligations than the tenant, but they are significant: maintaining and insuring the building, providing services and … Read More
Success story: Six-figure savings and secure ROI from quick-thinking commercial property lawyer
When acquiring a development site, it is not unusual for problems to crop up but in one recent matter two significant issues arose which, if … Read More
Renegotiating a commercial lease
News stories about well-known retailers forcing landlords to renegotiate commercial leases as part of a voluntary insolvency arrangement have encouraged some tenants to ask for … Read More
Commercial development of heritage assets: listed buildings and conservation areas
Heritage assets are increasingly valued and well restored heritage buildings are sought after as business or retail premises. Property of this type is usually subject … Read More
Selling part of your business property
If your business no longer needs all the land that it owns, then selling part of your property for development can be a good way … Read More
Dealing with restrictive covenants on land
Successful property developers have a good eye for a promising opportunity but they must also navigate the complexities of legal restrictions on how land may … Read More
Success story: speedy execution of a loan agreement was like a military operation
Anyone taking out a commercial loan for the development of their business will want the transaction to complete as quickly as possible, but in a … Read More
Taking your first commercial lease
Some of the world’s most successful companies have started at home or in a garage, but at some point, it makes sense to move to … Read More
Success story: £1.5 million recovered from seller when property purchase went sour
When the sale of a commercial property is agreed, it is usual for the buyer to be asked to pay a deposit. It is also … Read More
Understanding the insurance provisions in your lease
The insurance provisions in commercial leases tend to get glossed over when the lease is being negotiated, but they can have important practical implications. In … Read More