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Business Services Team Update
Posted: 24th March 2020
Following the instruction from our Prime Minister yesterday that we must all stay home to stay safe; never has it been so evident that health and wellbeing is paramount. We take our duty of care to our clients and staff seriously and as such we have adapted our working practices following the outbreak of COVID-19. […]
Understanding Residential Flat Schemes
Posted: 19th December 2019
The need for new housing continues to be prevalent, as shown in many of the recent election manifestos. Existing houses and commercial properties are regularly being converted by developers into residential flats. It is easy to see why properties are developed in this way, however, getting the structure right for your business is less so. […]
What are the Legal Implications of Purchasing a Commercial Freehold Property?
Posted: 17th December 2019
Whether you are looking to buy an office, a shop or a warehouse, choosing the right commercial property is critical to the success of your business or investment potential. There are certain legal aspects associated with purchasing commercial property and you need to understand them if you are in the market. Acquiring a freehold premise […]
Frustrated by Brexit?
Posted: 24th October 2019
Whilst many would agree that the Brexit process has been a protracted and frustrating one, it would appear that in the context of a lease entered into prior to the referendum, Brexit cannot be considered a frustrating event. In the recent case of Canary Wharf (BP4) T1 Ltd v European Medicines Agency [2019] EWHC 335 […]
Overage – Building Regs is the costly dark horse
Posted: 1st August 2018
Overage agreements are entered into between a Seller and Buyer where there is a reasonable expectation that the land has the potential to be redeveloped or for planning permission to be granted for development. The Seller is then entitled to a slice of this increased value. London and Illford Ltd (L&I) v Sovereign Property Holdings […]
Manufacturers Benefit from Specialised Event
Posted: 15th November 2016
We recently joined forces with Lloyds Bank, chartered accountants MHA MacIntyre Hudson LLP and supplier of automation technology, Festo to bring an inspiring event to manufacturers. This is the second manufacturing focussed seminar that the organisations have collaborated on and plans are already in place for further events in the coming year. The event, aptly […]
Surrendering a commercial lease by operation of law
Posted: 11th November 2016
Consider this scenario: A tenant in liquidation has returned the keys to the landlord and the landlord’s secured the property and marketed it to rent. In these circumstances, you might think the tenant’s guarantor no longer needs to be concerned about the guarantee, as the lease has been surrendered. But you could be wrong! Here’s […]
Are you a Tenant with a Commercial Lease? Take a break not a trip to court
Posted: 1st January 2016
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Advice for Commercial Landlords – What to Do When Your Tenant Company Goes Into Administration
Posted: 13th August 2014
Commercial landlords historically found themselves in a difficult position when their company tenants went into administration. Many landlords had found tenant companies entering administration on the day immediately following a quarter day, thus avoiding liability to pay rent even where the administrators continue to trade from the premises. Court rulings had left landlords in an […]
Commercial Property Transaction – Failure to Comply With a Notice to Complete
Posted: 22nd May 2014
Contracts for the sale and purchase of Commercial Property are governed by the Standard Commercial Property Conditions (Second Edition) (“SCPC”). The SCPC provide guidance to both the Seller and the Buyer as to the procedure and requirements in each stage of the transaction. These conditions can be varied or removed depending on the agreement between […]
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