Category Archives: Commercial Property

Are you a Tenant with a Commercial Lease? Take a break not a trip to court

Break options within a commercial lease can be a battleground for landlords and tenants. The break option provides the tenant with an opportunity to relocate to cheaper or more suitable premises and even to renegotiate the terms of a lease. … Continue reading

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Advice for Commercial Landlords – What to Do When Your Tenant Company Goes Into Administration

Commercial landlords historically found themselves in a difficult position when their company tenants went into administration. Many landlords had found tenant companies entering administration on the day immediately following a quarter day, thus avoiding liability to pay rent even where … Continue reading

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Commercial Property Transaction – Failure to Comply With a Notice to Complete

Contracts for the sale and purchase of Commercial Property are governed by the Standard Commercial Property Conditions (Second Edition) (“SCPC”). The SCPC provide guidance to both the Seller and the Buyer as to the procedure and requirements in each stage … Continue reading

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Break Clauses for Commercial Properties – The Facts You Need to Know

In a market when lease terms are favouring tenants – break clauses and their implications need to be considered carefully. Tenants are using the opportunity to break their lease to re-gear the terms of their lease or to locate to alternative, more cost effective, premises. Continue reading

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