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Landlord and tenant – commercial

CVAs – L’s position

As we noted in the May 2018 issue (p21) there is increasing attention on the position of Ls when a company voluntary arrangement fails.

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Notice – check the lease!

If a notice has to be served in relation to a lease then ensure that you do actually check the precise notice provisions within the lease.

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Rent reviews – drafting

A few points on drafting rent reviews, especially in the context of indexed rents:

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LTA 1954 – unopposed lease renewal

This table summarises the steps to be taken when advising L on an unopposed lease renewal (ie L has served notice under s25 LTA 1954).

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CVA – restaurant licence

If a restaurant goes into a CVA, and there is a premises licence, then care needs to be taken to ensure the licence does not lapse. 
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CVAs – L’s position

As the high street suffers, so more shops close down, and retail businesses get into financial difficulties. 
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MEES – commercial property

It is already unlawful to grant a new lease of domestic property with an EPC of F or G. For a commercial property this will only apply as from April 2023. 
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Defective lease – ‘business efficacy’?

T had a business lease of cafe premises. But, the lease did not contain any provisions as regards repair of the exterior, or the interior plumbing and electrical installation. 
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Lease renewals – unopposed

Under LTA 1954, the process of renewing a tenancy is started by L or T serving between six and 12 months notice on the other. 
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