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
Property
An Introduction to Dilapidations
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 days
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 triffid
Are you starting out in business? Thinking of taking a business tenancy?
Here 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 2018
CVAs and Commercial Property
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 of
Yet another trap for landlords
Fire Doors in Communal areas – When were yours last checked?
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