Although some business owners want to lease their commercial premises, others prefer to buy in order to enjoy greater flexibility and freedom. Buy a commercial property represents a good choice for many SMEs that want to expand, but it’s important to understand the...
There are some similarities between selling a commercial property and a residential one, but you’ll need to consider a few more additional matters, and there are more variables to take into account. Furthermore, the procedure is somewhat different and will usually...
If you own a commercial property and are acting as a landlord, you may at some point wish to take back the possession of your property. Often, this will be due to your tenant’s breach of their lease terms or contract, for example by failing to make rent payments on...
COVID-19 has forced the government to act rapidly, bringing in swingeing changes in a number of sectors. Many anticipated a new code of practice would be forthcoming for the commercial property sector, with the expectation that it would be mandatory. What arrived on...
Have you made changes to the rent or lease on a commercial property rental contract? Check our guidance to HMRC rules about VAT and stamp duty liability. Lease extensions and rent variations are nothing new, but the recent pandemic has brought them under the...
With the effects of COVID-19 causing entire businesses to close and workforces to uproot and work from home away from the office, it has created an issue for companies leasing properties for which they are paying rent but deriving no income. In such circumstances,...
Following the introduction of The Tenant Fees Act 2019 (TFA 2019) in June this year, this has vastly changed the fees that a landlord is permitted to charge its tenants. The TFA 2019 applies to assured shorthold tenancies, student accommodation tenancies and licences...
Following on from our previous article on buying commercial property at an auction, we now explore selling commercial property at auction.
A step-by-step guide on buying commercial property at auction
