Commercial Property Resources

Welcome to the Spring 24 edition of our Business First magazine.

There are many factors to consider when selling a business and it isn’t something that should be entered into lightly. Our free guide runs through some of the important considerations this involves.

This guide will help you understand what to look for in finding and buying the ideal commercial premises for your needs.

Our Business Legal Services team pride themselves on being able to offer high quality ‘city style’ advice in a user friendly, cost effective manner to local, national and international businesses.

Our quarterly business magazine is packed full of features including creating a supportive workplace, sustainable buildings, legally compliant HR and EDI essentials.

In this issue we cover lots of topical business issues and challenges from Mergers, Layoffs, Going Global, Commercial Property and more

The clock is ticking for overseas companies with property interests in the UK to comply with new money laundering legislation. 

Any overseas entity planning to buy, sell or transfer property or land in the UK, or that owns property in the UK must now be verified and registered at Companies House, with registration completed before the end of January 2023, and with annual reporting in future. 

The UK has already been hit by various storms this winter, with many businesses suffering damage and loss. However, if a rented business premises has been damaged, who is responsible for making repairs? What if a premises is no longer fit for use? In this article, we look at storm damage and commercial tenancies.

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.

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.

Over time, the gap between women’s and men’s median hourly earnings has been narrowing. In fact, according to the Office for National Statistics (ONS) it has fallen by over a quarter among full-time employees in the last decade.

 

When the Covid-19 crisis forced the country into lockdown back in March, many businesses, in many sectors, were forced to close their doors to employees, clients and customers alike. In response, the Government announced a temporary ban on evictions of commercial property tenants. A move that was welcomed, initially, as a way of securing the longer-term future of certain companies and, in turn, the jobs of their staff.

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.

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.

Running a business can be tough at the best of times, but things can feel particularly fraught when the unexpected hits. Things out of your control can have a detrimental effect to your success and although you may not want to think of the worst-case scenario – including extreme flooding, as has been the case in recent weeks across North Derbyshire and South Yorkshire – planning for every eventuality could help keep disruption to a minimum and allow you to resume operations sooner rather than later. Here, our Business Services Solicitor, Laura Barlow talks about what measures you should put in place to ensure that your business is protected if it is affected by flooding in the future.

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.

The Minimum Energy Efficiency Standard ("MEES") came into force in England and Wales on 1 April 2018 by virtue of the Energy Efficiency (Private Rented Property) (England and Wales) Regulations 2015.

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.

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.

In case you were not aware, the legal services provided in the UK are Great. But don’t just take our word for it; its official! A global drive to promote the UK’s £25 billion legal services sector at home and abroad has just been launched by the Lords justice spokesman Lord Keen at a reception in Singapore.