Commercial Property- Rent or Buy?
There are several factors you should consider and making the right decision can be challenging. In this article, we look at the pros and cons of each to give you an idea of what you may wish to think about or discuss with your solicitor.
What can a landlord do if a commercial tenant is still unable to pay rent?
Even now the restrictions are easing and many more businesses are opening their doors, some commercial tenants may still be struggling to pay rent in full and on a regular basis. Both parties to a commercial lease contract should understand how their liabilities and obligations have been affected by COVID-19 and ideally work together towards a solution before the eviction protection comes to an end in June.
With the eviction ban extended, what are the options for commercial landlords?
Chesterfield Canal Trust one step closer in waterway restoration following site acquisition
Chesterfield Canal Trust’s ambitious plans to preserve and reinstate the historic canal lines that run from Staveley to Kiveton Park have recently continued after the charity confirmed the purchase of two unoccupied houses located on the proposed route.
Will those with Buy-to-Let properties pay the price in 2020?
New bar to bolster ‘trendy’ Abbeydale Road nightlife
Sheffield’s trendy Abbeydale Road pub scene is to be further bolstered by a new, independent bar which will specialise in a range of high-quality craft beers.
The Key Facts Every Landlord Should Know in Preparation for Brexit – Deal or no Deal.
It has been more than three years since the EU reference took place, during which time it’s fair to say the phrase ‘Brexit’ has dominated the headlines.
New Rules for Commercial Landlords
In April 2018 new legislation increasing the minimum energy efficiency standards for commercial property was implemented, making it unlawful to enter a new lease on a commercial property with an Energy Performance Certificate (EPC) rating of ‘F’ or ‘G’, the current lowest grades of EPC.
Property Scam – A Cautionary Tale
It’s a troubling norm of today’s society that most people will have heard a horror story about property fraud from a family member, a colleague from work or simply reading online. Importantly, these stories need to be kept in perspective: remember, the tales of properties being rented and sold without any noteworthy problems are the ones people usually don’t bother sharing! However, it’s also worth taking heed of the negative experiences of others to ensure you do everything you can to avoid falling into similar traps.
Nottingham-based Auction Estates Ltd reaches £10m milestone following completion of £1.5m orphanage deal
Auction Estates Ltd, a dedicated property auction house specialising in the sale of residential housing, commercial property, land and specialist property investments, has hit a major milestone this month having completed in excess of £10m worth of auction sales in its first twelve months of business.
Changes Afoot for Commercial Landlords
The Energy Efficiency Regulations 2015 brought into force minimum energy efficiency standards for residential and commercial properties. As of 1 April 2018, Landlords with properties within the scope of these Regulations must not renew existing tenancies or grant new tenancies if the property has less than the minimum Energy Performance Certificate (EPC) rating of ‘E’. It is estimated that a significant number of rented properties in England and Wales have an F or G rating.
Legal Services in the UK are GREAT
Good News for Second Home owners in the EU
The EU has ruled that taxes recently introduced by France in relation to British owners of second properties violate European law and the authorities in Spain have ruled that British people that were duped into buying illegal homes in Spain during their property boom can be entitled to compensation.