The latest easing of lockdown restrictions against the coronavirus has seen the majority of shops re-open in England, including those previously classed as non-essential. Shops must continue to keep customers the required two metres apart with the help of floor markings, and tills should have plastic screens around them to minimise contact with shoppers. Other…
Read more »
Commercial Property
A study into the commercial property market released at the beginning of June by Rightmove shows that activity in the sector has quickly recovered to pre-lockdown levels. Rightmove claims to be the UK’s largest online commercial property agency, and has reported that enquiries in May were 6% higher this year than in May 2019. Their…
Read more »
On Wednesday 19th February between 1pm and 5pm , Bretherton Law will be hosting another commercial property legal clinic. Anyone with a commercial property legal question is able to book a free 20 minute telephone appointment with Commercial Property Solicitor Osman Dervish. You may want to discuss; Queries arising out of your commercial lease, whether…
Read more »
Gloomy stories of slow retail sales and squeezed profit margins over Christmas and New Year have been widely reported, and evidence of the consequences is visible on high streets around the country, with their empty shops and To Let boards. Internet sales are widely blamed for poor performance on the high street, and it is…
Read more »
It can be no coincidence that large numbers of professional business owners choose to invest their private pensions in commercial property, very often in the premises from which they carry out their business. The funds come from their privately-held SIPP (Self-invested Personal Pension) or SASS (Small Self-Administered Scheme), with the main attractions for the investor…
Read more »
Increases in stamp duty, changes to mortgage tax relief, and stricter regulations have all lead to a significant slowdown in the residential buy-to-let market. With Brexit looming and the financial turmoil it may bring, should those with money to invest turn their attention to the commercial market instead? Here are seven reasons to invest in…
Read more »
Taking on a commercial lease can involve huge commitments in terms of how much a business owner will have to pay, as well as the length of the agreement. Once you have found the right property for your needs the sensible choice is to instruct an experienced commercial property lawyer to guide you through the…
Read more »
The residential buy-to-let market has been one of the boom areas in property for the last twenty years, but figures show that the number of properties bought as buy-to-let investments in the last 12 months have almost halved. An average of around 6000 properties per month were changing hands in the first half of 2017,…
Read more »
Research recently undertaken by commercial property analysts CoStar has revealed that office rents in Hertfordshire are rising faster than in any other part of the UK. Average rents across the county for 2017 stood at £21.56 per sq ft, an increase of 17.2% over the previous 12 months. Office rents further north in Luton and…
Read more »
Having a solid lease on their commercial property is essential for the success of any business – be it an office, factory, shop or warehouse. So if your lease is coming to the end of its term it is important to seek professional advice to ensure your new lease is agreed as smoothly as possible,…
Read more »