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  • Pitfalls of Becoming a Commercial+Residential Landlord

    I am seeking some advice from the vast pool of experience on this forum please. We have seen an opportunity to buy a shop with flat above in a nice town and having crunched some numbers, there appears to be a surplus of £900/month (we would extend the mortgage on our house to raise a good deposit,...
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  • sydkhan
    started a topic New owner old tenat

    New owner old tenat

    Hi,

    i have recently acquired a commercial property from my dad, and want to use the building for my own use the tenant who is in there has contract till 2020 for the shop and store rooms (rooms have separate self contained entrance) above and i want to remove him and use for own use,...
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  • Shruti Jonson
    started a topic Business Rates

    Business Rates

    I have been trading in front side part of full shop size 7 feet wide front , 14 feet deep own separate entrance with my own shutters for the last 20 yrs. Total full shop size is approx 18 feet wide by 45 feet deep.
    My rents are always on time every week by cheques or online transfer to landlord...
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  • Commercial property contribution

    Hi

    I have a leasehold for a flat in a building with 4 flats and 1 shop.

    My lease says I pay the proportion which the rateable value of the Flat bears to the aggregate of the rateable value of all the flats in the building.

    Lease also says that from total...
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  • prishuby
    started a topic House with attached shop

    House with attached shop

    I would appreciate any help I can geton an unusual situation.

    We own a house (4 bed) with small attached shop. We need to obtain a mortgage and are finding it difficult to do thi. The title of the house and shop is freehold, but the banks will not lend as it is not residential. When I...
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  • L's lessee sublet without consent; can L end head lease?



    Hi All,

    I'm in a very sticky situation and hoping you kind souls can help me out!

    I have one property - a shop. The person I leased it to has now sublet it to someone else. I had my suspicions but the leaseholder pretended he was still running...
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  • Living above the shop - inheritance rights

    I grew up in the maisonette above my father's shop where I still live with my own children. I have lived here for 55 years. Currently I run the shop, the whole building is retained on a fully repairing/insuring commercial lease, with renewal rights under the 1954 act. The current lease is 15 years with...
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