Commercial Property Questions

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Started by leaseholdanswers, 03-08-2013, 13:42 PM
11 responses
5,195 views
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Last Post desamax
by desamax
 
Started by vicks, 04-06-2014, 01:50 AM
4 responses
3,679 views
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Last Post vicks
by vicks
 
Started by vicks, 09-04-2015, 08:39 AM
1 response
2,786 views
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Last Post RatesSaver  
Started by vicks, 26-03-2015, 03:06 AM
0 responses
2,085 views
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Last Post vicks
by vicks
 
Started by Candrea, 02-07-2017, 16:11 PM
33 responses
311 views
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Last Post Candrea
by Candrea
 
Started by landing, 09-07-2017, 21:36 PM
2 responses
138 views
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Last Post rentreviewspecialist  
Started by desamax, 13-07-2017, 13:55 PM
4 responses
106 views
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Last Post rentreviewspecialist  
Started by Jerseytina, 17-07-2017, 11:47 AM
4 responses
56 views
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Last Post islandgirl  
Started by superstardeejay, 07-07-2017, 16:04 PM
15 responses
239 views
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Last Post islandgirl  
Started by EightorNinePlanets, 18-07-2017, 16:20 PM
1 response
50 views
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Last Post flyingfreehold  
Started by desamax, 07-07-2017, 13:14 PM
10 responses
254 views
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Last Post rentreviewspecialist  
Started by comm1985, 13-07-2017, 11:20 AM
1 response
39 views
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Last Post rentreviewspecialist  
Started by Lockwithoutstock, 12-07-2017, 19:38 PM
2 responses
31 views
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Last Post markhessel  
Started by L8r, 12-07-2017, 11:32 AM
2 responses
27 views
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Last Post rentreviewspecialist  
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  • Lease surrender document help!!!
    Candrea
    Hi! Need some advice..

    Signed a 5 year tenancy, amd 12 hours after i was informed that the courts have stayed the eviction at my existing premises.

    Now stuck in 2 leases.

    Explained my situation to new landlord and after negotiations (me paying paying all...
    02-07-2017, 16:11 PM
  • Reply to Lease surrender document help!!!
    Candrea
    Well i offered a bit extra cash yesterday and also got 30 mins free advice from a litigation specialist. I offered the cash simply to put an end to this as its going to cost me that in legal fees pursuing it however were yet to hear a response. Im giving him until Monday to reapond and then im instructing...
    26-07-2017, 06:46 AM
  • Commercial properties
    landing
    Hello,

    I see on rightmove several interesting commercial properties. The price they mention is it for the lease remaning or there are additional costs involved?
    Also, can I rent out the shop to others?

    Thanks!
    09-07-2017, 21:36 PM
  • Reply to Commercial properties
    rentreviewspecialist
    Commercial property leasehold investment can be lucrative - provided you know what you are doing.

    The short answer to the op's first question is yes probably. When wanting to assign an existing lease, the tenant would request the landlord's consent and would normally be required to pay...
    25-07-2017, 11:48 AM
  • Commercial rent review, expert report
    desamax
    Hi i am in the process of a rent review being done by an independent valuer. They have requested the below statement. I am representing myself on this occasion, can anyone advise the best way for me to compile with the request to be my own expert witness and complete the below to satisfaction?
    ...
    13-07-2017, 13:55 PM
  • Reply to Commercial rent review, expert report
    rentreviewspecialist
    A Statement of Agreed Facts is not a unilateral agreement. You would need to contact the other side or their advisers if any) and get their input.

    A SOAF is a binding contract so should be worded carefully. Anything that cannot be agreed should be left out of the SOAF.

    Once...
    25-07-2017, 11:34 AM
  • Reply to Lease surrender document help!!!
    rentreviewspecialist
    "He is now saying that our agreement 1, and agreement 2 dont count as it was his son that sent the texts and emails - not him."

    I would think that's irrelevant. The son was acting as agent and an agent can bind the principal. The question is whether having regard to the circumstances...
    25-07-2017, 10:29 AM
  • Reply to Lease surrender document help!!!
    MrShed
    I would agree. What is your solicitor saying on this matter?

    I would be telling the landlord that as his son acted on his behalf, it is as if he had made the agreement himself, so therefore you consider the agreement to stand. If he feels there is further liability he should take this up...
    25-07-2017, 10:26 AM
  • Reply to Lease surrender document help!!!
    rentreviewspecialist
    I would think that is irrelevant. His son would've been acting as agent and an agent can bind his principal (the landlord). The question is whether from the circumstances ostensible authority would be implied.

    Sounds like the landlord is trying to wriggle out and you and/or your legal...
    25-07-2017, 08:51 AM
  • Reply to Lease surrender document help!!!
    Candrea
    Paid 2400 fees, 600 rent, and im going into month 3 of the business rates due to him not signing. So nearly £3600. Plus thw legal fees ive incurred.
    24-07-2017, 08:54 AM
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