Commercial Landlord and Tenant
Businesses are currently living in uncertain times as we wait to see the full impact of Brexit. In times of economic uncertainty, disputes between commercial property landlords and tenants often increase. After staff costs, property is the second biggest business cost. To deal with possible future challenges, companies are looking to slash their property overheads and are trying to offload excess office and retail space. On the other hand, landlords are looking to secure tenants for their empty premises for the medium to long term.
Taking all this into account, it no surprise that every year thousands of legal disputes flare up between landlords and tenants.
We are experts in this challenging area of law and are there to advise and guide you, whether you are a landlord or tenant, on the most appropriate action to take. Our advice covers:
- Repossession of premises and forfeiting a lease
- Collection of rent arrears
- Claims for disrepair and dilapidations
- Breaches of terms of a lease and serving the appropriate notices
- Assigning a lease and sub-letting
- Advising on business tenancies including the creation of, termination and renewal
- Advising on the exercise of break clauses
- Rent reviews
- Flood and nuisance claims
- Lease renewals and extensions
- Adverse Possession claims; and
- Party Wall disputes
Recent cases that we have dealt with include:
- Advising a landlord on whether their tenant had effectively exercised the break clause in their lease and whether a mistake made by their solicitor when drafting the lease gave rise to a negligence claim;
- Advising a tenant of the implications of their landlord having been made bankrupt before the creation of the lease. Liaising with the Trustee in Bankruptcy and the bank with a charge over the premises;
- Successfully recovering a substantial sum for a tenant for damage caused to goods stored in their premises which had been damaged by rainwater that had got into the premises as result of the landlord being in breach of his repairing obligations;and
- Acting for a landlord, terminating a business tenancy and successfully opposing the renewal of the tenancy. Securing a very advantageous settlement at an early stage which brought a speedy end to the court proceedings.