Wednesday 25 March 2020 is the next quarter day where most commercial leases will require a tenant to pay rent to their landlord for the period from 25 March 2020 to 23 June 2020......
The past year has seen several changes in the regulations surrounding Stamp Duty Land Tax (“SDLT”). This is a tax which is payable to HMRC, on the purchase of freehold or leasehold property and on the grant of leases, if they are valued over a certain threshold. ...
In April, Mathew Carver will open the Cheese Barge, a two-floor restaurant floating nearby Paddington Central. ...
The transfer of ownership in registered freehold or leasehold land or the grant of a registerable lease does not take effect until registered at the Land Registry. This means that from the date of the transfer/lease until the date of registration such rights are said to exist in ‘equity’ only and the legal estate does not vest in the new owner/tenant until registration is complete. ...
With the help of Clarkslegal, a new independent cinema is coming to Broad Street Mall in Reading this summer, in a deal between developer Really Local Group, and Moorgarth, the owners of Broad Street Mall. ...
We have recently been contacted by a client who wants to renew his lease of offices which is protected by the Landlord and Tenant Act 1954. ...
Clarkslegal is pleased to announce that Chambers and Partners has recognised the firm for the following practice areas; Construction, Employment, Litigation and Real Estate....
Clarkslegal is delighted to announce Legal 500 has recognised the law firm for the following practice areas; Corporate and Commercial, Commercial Litigation, Employment, Immigration, Education, Commercial Property, Construction and Commercial Contracts....
Under the Landlord and Tenant Act 1987 (the Act), before they can dispose of their interest in a residential building, freeholders are obliged to offer the leaseholders of the individual flats the opportunity to collectively purchase the interest being disposed of. ...
Pop-up theatres are becoming an increasing trend in the arts world, offering a flexible and cost-effective alternative to traditional venues. A wide variety of locations are now being used, from urban gardens to disused retail space. ...
Pick & Cheese will launch next month in Covent Garden and offer more than 25 different cheeses to guests at the new KERB street food market in Seven Dials....
The default position for a tenant occupying commercial premises is that when the contractual term expires, the tenant has a statutory right to a new lease even if the landlord is unwilling to grant a new lease on a voluntary basis. ...
We are pleased to complete the acquisition of a wholesale and distribution business for a client which further bolsters existing turnover and operations in different geographical areas....
The headlease is surrendered If this happens then the tenant under the headlease falls away and the tenant under any underlease becomes the direct tenant of the superior landlord and the premises will continue to be occupied by the undertenant on the terms of the underlease....
Section 35 of the Landlord and Tenant Act 1987 (LTA 1987) (as amended by the Commonhold and Leasehold Reform Act 2002), provides that a party to a long lease may apply to the Leasehold Valuation Tribunal (LVT) to vary the lease on the grounds that the lease fails to make “satisfactory” provision in respect of one of the circumstances specified in section 35(4), LTA 1987. ...
It has been widely reported this week that the government will be ending the current ‘no fault’ eviction regime, which enables landlords to give residential tenants two months’ notice to end their tenancy agreement under section 21 of the Housing Act 1988. The move is designed to give tenants more security and stop ‘retaliatory’ evictions (where landlords end a tenancy after the tenant complains about disrepair)....
Often the hardest part of opening a restaurant in the UK is finding the perfect premises and location for your venture but once you are in then you also need to make it a success. Here are our top 5 tips to help this process run smoothly....
We are often asked by landowners what the best way is to fully realise the development value of their property where there is a possibility of planning permission being granted. What needs to be done to unlock the development potential and then obtain the maximum amount of the uplift in value on the subsequent sale of the property to developers?...
A group of lawyers, property professionals and environmental consultants called for indoor air quality measures to be made legally enforceable during a roundtable discussion chaired by the Building Engineering Services Association (BESA)....
A CVA is a procedure that allows a company: to settle debts by paying only a proportion of the amount that it owes to creditors ...