The Government has announced extra protection for businesses by placing a moratorium on commercial landlords’ sanctions for at least three months so that those who cannot pay their rent because of cashflow difficulties related to the coronavirus will be protected from eviction.
Requests from commercial tenants for rental holidays in the light of a drop in business caused by the coronavirus pandemic have become commonplace. Analysis indicates that overall rent collection for the March quarter fell by over 25% in the UK.
When negotiating terms at the start of any commercial relationship, focussing on how you and the other party can terminate that relationship might seem counterintuitive. However, businesses should always try to ensure they have contractual rights that allow them to exit from agreements that cease to be commercially/economically viable.
In the latest episode of Real Estate Rundown, Andrew Jones, Partner in our Real Estate team and guest Anne Shaw, Executive Director at Transport for West Midlands discuss the dynamic link between transport and real estate growth.
Our commercial lawyers are specialists with a wealth of varied industry and sector experience, gained both in private practice and in industry.
We recognise that for many businesses, acquiring a commercial premises is inevitably one of their largest investments. It is therefore imperative that a commercial lease is negotiated with the appropriate legal advice.
We recognise the importance of ensuring you have robust security in place when granting a commercial lease to a tenant. In this article, we will focus on three possible types of security for your commercial lease.
In this episode we explore the essential strategies and insights you need when raising money on commercial properties.
As the UK commercial property landscape continues to evolve, businesses—particularly in the retail and office sectors—are increasingly seeking legal advice to renegotiate their leases.
While there are numerous points to consider when negotiating a commercial lease, here are five key points to consider from both a landlord and a tenant perspective.