Following the Government’s announcement yesterday, business tenants remain protected from the threat of eviction until the end of 2020 meaning Landlords are unlikely to be able to forfeit leases and evict tenants for non-payment of rent.
The Supreme Court handed down its decision in Duval v 11-13 Randolph Crescent Ltd on 6 May 2020. Read more
Pleased to announce that Peter Brown & Co acted for Lindhill who procured the grant of an airspace development lease to a pension fund, completed a forward funding development agreement, and, entered into a building contract for the erection, design and construction of the development. Read more
The government has announced a further “bounce back” loan for small business.
The loans may be interest free for 12 months and business can apply online . Read more
During the last few weeks numerous landlord clients have sought advice about how to deal with tenants who cannot pay the rent that fell due on the March quarter date because of the current Covid-19 crisis. Read more
The current situation with Coronavirus/COVID-19 has left a sense of uncertainty and concern for Landowners, Landlords, and Tenants. In order to provide some clarity, comfort and guidance we have set out below the help and support that is being provided by the government. Read more
We act for many tenants who are currently unable to physically use their premises, (whether retail, restaurant, office or industrial) and yet remain on the hook for payment of rent, service charge and even business rates.
We recently acted on the sale of large scale premises in Banbury that had been converted from offices to residential pursuant to permitted development.
Initially, acting on the grant of a long lease to provide residential accommodation and then the subsequent sale of the premises in Banbury to an institutional investor.
Paul Braham commented that “having seen the premises being developed, and negotiating and granting the long lease then dealing with the sale this was an exciting transaction development transaction to be involved and working with Brickmort group of companies”
PB & Co. advised Crown House Banbury Limited on the sale of a large freehold building in Banbury which will allow over 51 new apartments in the town centre as well as a ground floor commercial unit for a coffee shop.
Paul Braham said about the deal that “we were absolutely delighted to work on the sale of this substantial Property development”