Often clients ask me “should I purchase a commercial freehold property or a leasehold property?” Well there are a lot of different variables to consider. Some investors attitudes are “If I buy a leasehold commercial property and it makes me money then I do not care about the diminishing value of the asset’ OR ‘An …
A rent review is a mechanism for adjusting rent to the current market rate. Typically rent reviews occur every 3 to 5 years depending on the lease. Why should you care? Well this question has two different answers depending on whether you are a landlord or a tenant. If you are a Tenant If you …
Here is an overview of the Landlord and Tenant Act 1954 Part II (Sections 23-28) (Act). The 1954 Act is a large piece of legislation affecting commercial leases in England and Wales. We always recommend tenants seek their own legal advice considering all notices will need to be served by a legal professional. Key Terms: …
Landlord and Tenant Act 1954 Part II (Sections 23-28) Read More »
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