Dilapidatiaons – A legal overviewLegalProperty 10th December 201910th December 2019 What are dilapidations? Dilapidations generally refer to items of disrepair that are covered by covenants given by a tenant to a landlord in a formal lease of commercial property. In this article, the term “dilapidations” covers breaches of the tenant’s covenant relating to the physical condition of the premises when the
An Introduction to DilapidationsProperty 10th December 201910th December 2019 The subject of Dilapidations is undoubtedly one of the main areas of dispute for landlords and tenants and it can be the subject of some huge claims made against tenants, leading to costly and expensive court cases Many tenants will happily sign up for their commercial property, blissfully unaware that they
Pay Capital Gains Tax on property in 30 daysAccountingProperty 10th December 201910th December 2019 Residential property owners have had their fair share of tax changes to contend with in recent times. However, there is a further matter on the horizon which I don’t think has been particularly well publicised. This concerns a fundamental change to the administration of Capital Gains Tax for sales or
Japanese Knotweed – Untangling the truth about this troublesome triffidProperty 10th December 201910th December 2019 Most people have probably heard horror stories in the press about the scourge of Japanese Knotweed and the effect it can have on a property, its value and the chances of being able to sell a property that is infected by it. If you suspect that you may have Knotweed on
Are you starting out in business? Thinking of taking a business tenancy?LegalProperty 10th December 2019Here are a few things to be aware of: How long should a lease take? Is there any way I can end the lease early? Circumstances can easily change for any business, so often a shorter lease is better. The problem with a lease that’s too long is that, even if you
A review of the commercial property market in South East Essex 2018NewsProperty 15th March 2019 With 2018 now behind us, I thought it would be a good idea to reflect on what has been quite an exciting year in the world of commercial property. As my practice is based in Southend and covers the South East of Essex my comments are relative to this area. Industrial It’s
CVAs and Commercial PropertyBusinessLegalProperty 15th March 2019 A practical guide for Landlords and Tenant Retailers We asked Lloyd Biscoe from Begbies Traynor Southend, business rescue and insolvency practitioners, to give some practical guidance on Company Voluntary Arrangements (CVA) and in particular how they affect landlords and tenants of commercial property. With House of Fraser, Gourmet Burger Kitchen, Jamie’s
Thinking of taking a business tenancy? – Here are a few things to be aware ofProperty 5th October 20185th October 2018 How long should I take a lease? Is there any way I can end the lease early? Circumstances can easily change for any business, so often a shorter lease is better. The problem with a lease that’s too long is that, even if you sell or ‘assign’ your lease, you remain
Yet another trap for landlordsProperty 5th October 20185th October 2018 As many landlords are all likely to be aware, in order to seek possession of a property let on an Assured Shorthold Tenancy (AST) in circumstances where the fixed term has expired and the tenant is not at fault (i.e that they have not breached any term of the tenancy
Fire Doors in Communal areas – When were yours last checked?Property 5th October 20185th October 2018 Due to recent tragic events, the impact of Fire Safety and Risk Assessment is quite rightly under the spotlight. Whilst the tenants of commercial multi-let buildings and residential blocks will be familiar with the requirements for the testing of fire alarms and emergency lights and the regular practising of evacuation are
