As we look to the future, Occupiers and their Landlords will be having conversations about the benefits to each party of varying existing lease provisions. Occupiers will be looking for additional flexibility to futureproof their businesses. Landlords will be seeking a variation of lease terms which can add value and provide additional collateral for Lenders.
If you are considering lease variations, please contact the Barr Ellison Commercial Property Team to talk through your proposals and how these can best be captured within a binding Variation Document that is SDLT efficient.
For more information please contact Elizabeth Deyong (email: e.deyong@barrellison.co.uk).
Unlocking Value: Sales and Leasebacks
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.
Regearing Commercial Leases: Win Win
If you are considering lease variations, get in touch to talk through how these can best done most effectively.
Buying or Selling Land? Instruct Your Solicitor Carefully
This case demonstrates the impact of technology on practices that have developed prior to that technology.
Fixtures and Chattels: Be Clear or Be Aware
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 [...]
Brexit not frustrating leases … yet
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.
Sober Reading for Landowner Victims of Waste Dumping
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 [...]
Obstacles to Recovery of Possession from Residential Tenants
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 [...]
Mortgage Default: Who May Buy the Property?
Anybody entrusted with selling property on the behalf of a lender can take comfort in the robust approach shown by the Court.
A Tenant’s Right to Quiet Enjoyment – What a Developer Landlord Needs to Know
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.
Acid Test for Landlords Opposing Business Lease Renewal
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. [...]