The Supreme Court has today (1 March 2017) overturned a previous judgement by the Court of Appeal in which an office building that was undergoing redevelopment was deemed capable of occupation and therefore liable for full business rates.
Anyone that has redeveloped, reconstructed or reconfigured a property that was incapable of beneficial occupation during that process is recommended to seek professional advice immediately, as it may possible to get the rating assessment altered even after the deadline of 31 March 2017 for the 2010 rating list.
Advice on the legal structure of sale and leaseback transactions which would allow businesses to remain in occupation of their current operating sites while raising much needed cash in the short term.
If you are considering lease variations, get in touch to talk through how these can best done most effectively.
This case demonstrates the impact of technology on practices that have developed prior to that technology.
The case provides a lesson to all involved in the sale/purchase of a property. Make it clear, from the outset, both in negotiations and in the contract, what is included in the sale and [...]
The High Court has granted the European Medicines Agency the right to appeal its decision that its Canary Wharf lease has not been frustrated by Brexit.
The background to this case provides sober reading for any landowners of vacant sites. In this instance, around 2000 tonnes of waste including food and medical waste was deposited on Newark’s vacant land without [...]
The government is keen to afford residential tenants greater security and the increasing obstacles to service of a Section 21 Notice appear directed at this. There is now a consultation upon removing the blanket [...]
Anybody entrusted with selling property on the behalf of a lender can take comfort in the robust approach shown by the Court.
It is always preferable for leases to contain express reservations to alter, build and erect scaffolding in favour of a landlord who might want to develop at some point in the future.
When opposing the grant of a new tenancy, the Supreme Court has introduced an additional “acid test” for landlords in relation to reconstruction work as a reason to oppose the grant of a new tenancy. [...]