In this September quarter edition, we cover:
..Oceanfill v Nuffield Health and Cannons Group - Restructuring lease liabilities; what’s the plan for guarantors?
..Dell and another v 89 Holland Park (Management) Ltd – ...more
10/3/2022
/ Commercial Leases ,
Commercial Tenants ,
Contract Termination ,
Contract Terms ,
Coronavirus/COVID-19 ,
Housing Developers ,
Landlords ,
Real Estate Development ,
Relief Measures ,
Service Charges ,
Telecommunications ,
UK
Roger Cohen of Bryan Cave Leighton Paisner asks: is the tenant of commercial premises in England liable to pay rent whilst the premises were closed for the pandemic? Or has the tenant a defence to such a claim, thereby...more
Business rates relief -
Scenario:
Since 2019, my business has occupied offices on an out of town business park. I am increasingly troubled by the amount of the rates that we are paying. ...more
Briefcase: Quarterly Real Estate Update - Cases and News including:
..London Trocadero (2015) LLP v Picturehouse Cinemas and others
..Terence James Macey v Pizza Express (Restaurants) Ltd
..Kensquare Ltd v Boakye...more
12/23/2021
/ Arrearages ,
Business Closures ,
Commercial Leases ,
Commercial Real Estate Contracts ,
Common Areas ,
Contract Renewal ,
Coronavirus/COVID-19 ,
Flooding ,
Landlords ,
Notice Requirements ,
Property Damage ,
Rent ,
Residential Leases ,
Service Charges ,
UK
The government has introduced the Commercial Rent (Coronavirus) Bill in Parliament to attempt to streamline and accelerate the resolution of the billions of pounds of rent arrears that have accrued during the Covid 19...more
11/17/2021
/ Arbitration ,
Arrearages ,
Commercial Leases ,
Commercial Property Owners ,
Commercial Tenants ,
Coronavirus/COVID-19 ,
Dispute Resolution ,
Landlords ,
Moratorium ,
Pending Legislation ,
Relief Measures ,
Rent ,
Rental Property ,
UK
Following recent court decisions, the options available to an owner of empty business premises to avoid a liability for empty property rates have been reduced.
This matters because no rates are payable for the first...more
All change -
How often do we read “The pandemic has changed everything“? One thing that has not changed for an office occupier is the business rates bill. That is a problem, because while your rates cost stays the same,...more
The two taxes in England on the occupation of property are non-domestic rating and, for domestic rating, council tax. Pre COVID, business rates yielded £30bn and council tax £36bn annually. Rates are payable on business...more
A tax on failure -
Empty property rates is a tax on failure; the failure of the owner to find either a profitable use for the premises or a tenant to pay a rent. Since March 2020, reliefs have been available to cushion...more
What is proposed for business tenancies?
A section in the Coronavirus Act 2020 (the “Act”), which is the government’s emergency legislation, will stop landlords from enforcing their right to forfeiture of business tenancy...more
What is proposed for business tenancies?
A section in the Coronavirus Act 2020 (the “Act”), which is the government’s emergency legislation, will stop the forfeiture of business tenancies for non-payment of rent (including...more