Commercial Property Newsletter - March 2011
We highlight some of the most common problems that tenants face and the important points to consider if you are thinking about breaking your lease. We have seen many cases where landlords are scrutinising break notices and break clauses more than usual in these challenging economic times.
It can be tempting for landowners to allow telecoms operators to erect masts on their land in return for payment, but landowners should beware: obtaining possession of the land again can be very difficult, even if the lease has come to an end.
Are you claiming all of the capital allowances that you can?
Reduction of business rates exemption threshold for empty commercial properties going ahead as planned on 1 April 2011
The Department for Communities and Local Government has recently confirmed that, as originally planned, the threshold will be reduced to £2,600 on 1 April 2011. This decision will bring many more empty commercial properties within the scope of business rates.
When can a landlord appoint a bailiff and what should a tenant do when a bailiff calls?