How do I navigate a Rent Review?
By jbc_admin
By jbc_admin
By jbc_admin
Many tenants, and in particular retailers are pushing landlords for pandemic clauses to be inserted into their leases. Since The COVID-19 Pandemic forced the closure of all non-essential shops, restaurants, pubs and other facilities on 24 March 2020, tenants who are in negotiation for a new lease are increasingly requesting additional terms to mitigate the…
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By jbc_admin
Acting on behalf of the owners of a large derelict mill building in Manchester Roger Hannah have successfully appealed the rateable value reducing this to £0 backdated to April 2017. In what is an extremely complex area of Rating Law, our team have successfully argued and won on appeal saving the client more than £250,000…
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By jbc_admin
It is important for both Landlords and Tenants to take professional advice prior to commencing negotiations or serving of notice of a lease renewal and to obtain an appraisal of current market rent. On renewal of a lease the rent is assessed under the Landlord and Tenant Act 1954 as a market rent and is…
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By jbc_admin
The A582 is one of the busiest roads in Central Lancashire and suffers from considerable congestion at peak times. Now, Lancashire County Council plan to upgrade the highway to a dual carriageway along its full length between Preston City Centre and Cuerden. This would also create a complete dualled route from the motorway network into…
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By jbc_admin
Commercial Landlords and Tenants should take prompt professional advice when lease breaks are due. Recent judgements by the courts have cost Tenants hundreds of thousands of pounds. Whether you are a Landlord or Tenant you will need to ensure that you have covered all the relevant steps when you are considering ending a lease early…
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By jbc_admin
It is commonplace for leases to contain an open market rent review every five years. The rent review can generally be initiated by either the landlord or the tenant with time not being of the essence i.e. if the rent review date has come and gone and no reviewed rent has been agreed or determined…
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By jbc_admin
The impact of Covid-19 on the global economy will inevitably be long lasting. Different countries may seek to take different paths on the route to recovery but what could this look like? Infrastructure projects could potentially play a part in rebuilding the economy. Perhaps this is a key opportunity given the World Economic Forum estimates…
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By jbc_admin
Whilst the Government have recently introduced a raft of aid for occupiers of commercial property there has been nothing to help Landlords who have vacant property with little prospect of an early letting. When a commercial property becomes vacant the liability for the business rates is passed back to the owner of the premises after…
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By jbc_admin
Cheshire East Council have approved the use of compulsory purchase powers to facilitate the delivery of roads and infrastructure which will enable the development of 1,350 new houses. The North West Crewe package includes a north-south spine road from Crewe towards the Greater Manchester conurbation, including the construction of a new A530 road linking Smithy…
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