Railway arches businesses ‘on the brink’ after increased rent demands
The Times – Monday 21 December 2020 -By Caroline Bullock Please note this article is behind a paywall therefore to read in full you will need to subscribe or purchase a copy of the The Times. https://www.thetimes.co.uk/article/railway-arches-businesses-on-the-brink-after-increased-rent-demands-fpklxpklb Here are some highlights If you are affected by any issues discussed in this article please do reach…
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Dismay for railway arch businesses as Blackstone pushes rent rises
Financial Times – Saturday 12 December – George Hammond Please note this article is behind a paywall therefore to read in full you will need to subscribe or purchase a copy of the Financial Times. https://www.ft.com/content/dfba2558-04cf-4440-89b1-d4b064bd8827 Here are some highlights.
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MORATORIUM EXTENDED UNTIL END MARCH 2021
Dear Members The Government has announced that the business eviction ban will be extended until the end of March 2021. You can read the government announcement here: https://www.gov.uk/government/news/business-evictions-ban-extended-until-march? This is said to be a “final extension” to give landlords and tenants 3 months to come to an agreement on unpaid rent. This is an extension of the…
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The Arch Co Tenant Commitments
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TEMPLATE – COUNTER NOTICE
COPY AND PRINT ON YOUR COMPANY HEADED PAPER Landlord Name [INSERT] Landlord Address [INSERT] [INSERT DATE] Sent via Recorded Delivery & email to [insert landlord email address] Dear [INSERT NAME] RENT REVIEW: COUNTER NOTICE [INSERT PROPERTY ADDRESS & LANDLORD REFERENCE AS APPLICABLE] This is a Counter Notice, I do not agree to the rent amount…
Commercial Rent Reviews: a Step by Step Guide
By Michael Large of Colman Coyle Michael Large is a Senior Associate Solicitor at Colman Coyle Limited, a member of the Guardians of the Arches Advisory Board, and lectures on rent reviews for the Royal Institution of Chartered Surveyors (RICS). If you would like to contact him regarding any property law issues call 020 7704…
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What you need to know about the Moratorium Extension
The “Moratorium” – Summary The government passed a law (the Coronavirus Act 2020, Section 82) to prevent forfeiture claims being brought against business tenants by their landlords as a result of the current pandemic. From the 26 March 2020 to 30 June 2020 (the “relevant period”), a landlord’s right of re-entry or forfeiture arising from…
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