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Commercial Property Category

16th November 2018
Many commercial property clients grapple with the question of how to categorise and document the occupation of a property. Whilst many landlords would like to get an occupier into their property as soon as possible, to cover the running costs for example, it is important to take care with the paperwork and ensure the documentation accurately reflects the intention of both parties from the outset…
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02nd November 2018
Writing in this column we have previously recommended everyone looking to acquire a property should undertake certain searches with the relevant authorities – because not all matters are apparent simply from a review of legal title. One of the most important searches is a water and drainage search, which can be undertaken with the water authority that serves the property’s local area. The results of…
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24th September 2018
Before buying a leasehold property it is important to understand there are fundamental differences between leasehold and freehold property ownership. Buying a leasehold property does give you the right to own the property – but only for the length of your lease. Many leases have long lives, up to 999 years in some cases, although where there is a leasehold interest there will also be…
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03rd September 2018
Many business tenants have an automatic right to renew their lease under the Landlord and Tenant Act 1954 unless their landlord can demonstrate that one of the seven specific grounds for opposition set out in Section 30(1) apply. As long as the tenant did not agree to dis-apply the Act when taking on the lease, then they may believe they are safe for the long…
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17th August 2018
As the retail behemoth House of Fraser continued its fight for survival last week, some good news was reported that made the company and its landlords raise their heads in hope. Following House of Fraser’s invocation of a Company Voluntary Arrangement (CVA) against a backdrop of rent reductions and the closure of a number of stores, potentially including Chichester’s own long-established outlet, the business was…
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14th June 2018
If you are considering buying or renting a property, your legal advisor may recommend various property searches as part of a sensible information-gathering process before you commit to the deal. One search on their list is likely to be an environmental desktop search to provide details of land use in the vicinity of the property, as well as information to help establish whether those uses…
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31st May 2018
A business lease break clause can allow tenants or landlords to end their lease early. This can be useful for a tenant as it allows them to step out of the lease if their business fails to thrive while it can give a landlord the option of ending a lease if a stronger tenant comes along or they need the premises back for other reasons.…
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05th April 2018
If you are thinking of buying or renting commercial property your solicitor is likely to recommend you undertake a series of searches through official records before you commit to a purchase or a tenancy. These searches are important as they will throw light on a range of matters including environmental issues and aspects of the property’s planning history that a review of legal title may…
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12th January 2018
If you are planning to sell or let a property it is important to be able to produce all the necessary documents that your buyer or tenant will expect to see as part of their investigation process – delay at any stage of your transaction will have a knock-on effect on the deal and could even put interested parties off altogether. So, what is it…
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21st December 2017
The requirement to provide an Energy Performance Certificate (EPC) when you sell or let a property is not new but on 1 April 2018 the new Minimum Energy Efficiency Standards (MEES) come into force. The MEES regulations stipulate that, from April onwards, landlords must not grant a new tenancy on any property with a low EPC rating (less than E), nor extend or renew an…
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