Many landlord's did not receive their rent due on the March quarter day as a result of the Covid-19 outbreak and the Government closure of all pubs, bars, restaurants, hotels and cafes. A landlord of commercial premises has several options available when faced with non-payment of rent. The COVID-19 pandemic has seen government intervention that [...]
It is clear that pubs will be amongst the last businesses to reopen as lockdown is gradually eased. In a sector built around socialising and high volume trade, social distancing will be a challenge. Even if it becomes viable to reopen pubs with a package of Government support (including reduced furlough and relaxation of beer [...]
It is an uncertain time for landlords and tenants alike at present. Below, we have sought to address some questions we are being regularly asked by landlords of commercial properties. If you have any further questions arising, please do contact our helpline. What do I do if my tenant of commercial premises does not pay [...]
Directors should be alert to the effect that short to medium-term cash-flow issues circumstances may have on their statutory duties during the current pandemic. We consider the commercial impact, considerations for directors in terms of trading, and steps that businesses can take to prepare.
Can tenants take drastic steps such as withhold paying rent, changing when they pay or terminatinga lease in the event of forced closure of the premises?
Covid-19 is here. It is impacting the hospitality and leisure sector with a concern that tenants will be in financial difficulties soon. Landlords need to plan ahead to protect tenant’s welfare and their own business interests. What you can do to be proactive now? Will a tenant’s insurance cover any downturn in profits? Some tenants [...]
When you grant a lease (be it of a pub, restaurant, coffee shop or late night venue) you may need to make sure that the tenant registers the lease with the Land Registry. Most Landlords assume registration is only a tenant issue, but if you are a landlord who has a tenant who has failed [...]