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Commercial Landlords - CRAR, SCAR

Clearway Group

COVID and commercial leases

What landlords and tenants need to know. How does COVID-19 impact commercial lease obligations? Given the potential adverse financial impact on tenants, a common question is whether tenants can refuse to pay rent, pay less rent and/or seek to terminate the lease prematurely. The starting point is to review the…

Posted on February 17, 2021 by Byron Crellin by Byron Crellin

Commercial Landlord

Tough times for property owners after lost ‘golden quarter’

This year, following the national lockdown in November and the strict tiering rules that effectively replicated the lockdown in many parts of the country forcing many retailers and hospitality businesses to close, that was emphatically not the case. On Monday, British Land reported that, for the December payment, it collected…

Posted on January 13, 2021January 13, 2021 by Byron Crellin by Byron Crellin

Administration

Will Turnover Leases be the future?

Turnover leases have always comprised a small section of retail and leisure leases. Previously, however, they have generally been combined with an element of a base rent; a traditional 10-year lease, say, with a five-year break clause. These leases were very much geared in the landlord’s favour, guaranteeing a rental…

Posted on December 3, 2020December 3, 2020 by Byron Crellin by Byron Crellin

DeCRA - Recovery Debts Discreetly

Commercial Landlord

Commercial Rents for June Quarter Day

Landlords collect just 18.2% of commercial rents for June Quarter Day A recent article from Property Week has stated less than 20% of commercial rents in the UK were collected by landlords on June quarter day, according to initial data that suggests a stark slump in tenants paying their bills…

Posted on June 26, 2020June 30, 2020 by Byron Crellin by Byron Crellin

Service Charge Demands - Debt Recovery Experts

Commercial Landlord

Evicting travellers from commercial land using a Writ of Possession

If attempts to remove travellers from your land using common law have been unsuccessful, then you will need to obtain a writ of possession. Although most travellers can be removed from private land under common law, there are some circumstances that may require help from the court. If the situation…

Posted on April 6, 2019April 10, 2019 by Byron Crellin by Byron Crellin