Make Sure You Get Your 'Act' Together
Subject to some limited exceptions, most commercial leases within England and Wales can be divided into two categories – those benefiting from the security of tenure provisions in the Landlord and Tenant Act 1954 (‘The Act’) and those that have expressly been excluded from The Act.
Can We Truss-t Liz to Save The Day?
New Prime Minister Liz Truss certainly has plenty on her to-do list.
Businesses are not covered by the energy cap and there are predictions that more than 75,000 large firms with high energy users are at risk of insolvency or likely to lay off staff without government support.
Beware of any ‘funnies’ in a lease - it is definitely no laughing matter
During rent review negotiations, the rent review clause within the lease will dictate what the parties are to assume ‘hypothetically’ at that particular date. There will usually be common assumptions (vacant possession for example) and common disregards (tenants occupation for example).
With over 50 years combined experience we are the property experts to help you.