Commercial Property

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Posted on October 14, 2020
Commercial Property

Devon commercial property solicitors offer buyers and sellers access to a free helpline   For a preliminary chat about your legal requirements call our free commercial property helpline on 0808 139 1606 or send details to us by email at [email protected]   It is important to get specialist legal advice when buying or selling a commercial property, which is why we offer access to our free legal helpline. Commercial property law is quite different to other areas of property law. We have a team of...

by Lee Dawkins
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Posted on June 22, 2020
Commercial Property

Commercial solicitor, Emma Reed, looks at security of tenure of a business lease   We specialise in dealing with business leases in Devon & Somerset. For free initial guidance give us a call on 01271 372128 or email [email protected]   Granting a business lease A Landlord of commercial property who wishes to grant a new lease to a business tenant should bear in mind that the grant of a new business lease to a tenant occupying the property (even if it's only part of the...

by Lee Dawkins
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Posted on March 19, 2020
Commercial Property

As the Coronavirus begins to impact on businesses, commercial solicitor Emma Reed looks at one of the most common questions being asked by Tenants, 'Can I terminate the lease of my business premises?' If you are a business Tenant and worried about your financial position in this unprecedented crisis then you can call Emma for a free initial consultation on 01271 372128 In these uncertain times, many businesses will be worried about the prospect of having to pay rent for their commercial...

by Emma Reed
1
Posted on December 20, 2016
Commercial Property

Emma Reed led the Corporate legal team at Slee Blackwell in the acquisition of the entire share capital of the group owning Somerforde Care Home. The care home in Newton Abbot is a 22 bed-roomed residential care home for the elderly, fully occupied, with a staff of 21 with both private and NHS contracts. It was bought by husband and wife team, Jon and Jules Lobb. The latest CQC report for the care home, before purchase, was good and it is...

by Emma Reed
2
Posted on October 7, 2010
Commercial Property, Corporate and Commercial

In these difficult times Landlords are increasingly finding their Tenants are experiencing difficulties in paying their rent. Whilst it is always possible for a Landlord and a Tenant to agree a temporary reduction in rent or a change in frequency of rent payment (ie monthly rather than quarterly) in the hope of retaining the tenant this does not always produce the desired result and the Landlord could be left out of pocket. If the Tenant becomes or is about to become...

by Slee Blackwell
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Posted on March 10, 2010
Commercial Property, Corporate and Commercial

Many tenants of commercial are likely to have been adversely affected by the economic downturn and may, as a consequence, be struggling to pay the rent due under the terms of their lease. Landlords should be aware of the following if a tenant fails to pay the rent due under the terms of a commercial lease: The tenant may become liable to pay interest (often at a rate higher than bank base rate) on the unpaid rent. The tenant may...

by Slee Blackwell
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Posted on January 21, 2009
Commercial Property

In these difficult economic times Tenants of commercial premises are increasingly asking Landlords to permit them to pay rent monthly instead of quarterly to assist cash flow. If the Landlord’s property is in charge to a bank it is usual for the terms of lending to assume that rent will be paid quarterly. So, if a Landlord accepts monthly rent they could inadvertently commit a breach of the terms of their lending....

by Slee Blackwell
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Posted on January 13, 2009
Commercial Property

Personal Licence When purchasing a licensed premises you need to decide who will have the overall control over the sale and supply of alcohol. This person is called the Designated Premises Supervisor (‘DPS’). At least one of you needs to hold a Personal Licence and once they have a personal licence they can then apply to be the DPS on completion of the purchase. In order to obtain a personal licence you will need: the National Certificate of Personal Licence Holders Certificate....

by Slee Blackwell
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Posted on July 29, 2008
Commercial Property

Building owners, landlords and tenants From 1st October 2008 all Sellers of commercial building and Landlords will be required to provide an Energy Performance Certificate (“EPC”) for all buildings or parts of buildings when they are rented or sold. EPCs are already required for larger premises that are to be rented or sold (above 2,500 square meters). The EPC provides an energy efficiency A-G rating and recommendations for improvement. It tells potential tenants and buyers about the energy performance of a building...

by Slee Blackwell
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Posted on June 27, 2007
Commercial Property

Emma Reed, a partner in our Corporate/Commercial department, has just acted for the purchaser in an acquisition of the entire issued share capital of ACG Management Limited; the company which owns Ashley Manor Nursing Home in Liverpool. The nursing home currently has 72 full time residents and is a thriving business. The acquisition was completed on the 15th of June 2007 for £4.4m. Emma provides a full range of corporate services with particular expertise in the sale and acquisitions of...

by Slee Blackwell
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