Tenants Demand Pandemic Lease Terms and Break Clauses

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…

Lease Renewals and the impact of Covid-19

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…

Break Clauses in Commercial Leases

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…

COVID-19 – The Impact on Rent Review

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…

Lease Advisory

By jbc_admin

The Lease Advisory Team provide market-leading expertise to clients on all lease related disputes, whether it be rent reviews or lease renewals, extracting value from an asset through restructuring or re-gearing of leases, the surrender of commercial leases, or assignments and sub-lettings. The Department are accomplished in a host of complex Landlord and Tenant matters…

Dilapidations advice for tenants

By Neil O'Brien

Tenants are already faced with substantial business premises occupancy costs such as rents and rates, and then, usually at the end of their occupational Lease they are served with a schedule of dilapidations; the other bane of commercial property occupation.

Dilapidations – Advice for Tenants

By jbc_admin

10 Acre Cambridgeshire Recycling Facility

By jbc_admin

Acting on behalf of retained clients the Landlord and Tenant department at Roger Hannah have secured a new 10 year lease for a Nationally based operator on premises in Cambridgeshire consisting of a 7,500 sqft workshop set within a site in excess of 10 acres for a repair and recycling facility in a rural location…

RECORD FIRST HALF FOR LEASE ADVISORY

By jbc_admin

The lease advisory department at Roger Hannah are reporting a record first half performance. The department have been expanding their network of deals and we are delighted to announce this has resulted in record growth. Having dealt with rent reviews, lease renewals, re-gears and lease acquisitions on behalf of clients throughout the UK, recently we…

Rent Review Success

By jbc_admin

Acting on behalf of a Private Property Investment Company and owners of a number of trade counter and roadside investments, the Lease Advisory Department at Roger Hannah & Co has successfully completed negotiations for rent review purposes on two investment properties in the North West. We have successfully negotiated a rent review on a 3,500…