Commercial Property News

Acquisition of Units for McDonnell Price (Roofing) Contractors Ltd

Hughes Paddison recently acted on the successful acquisition of 3 Units for McDonell-Price (Roofing) Contractors Limited at the newly constructed Gabwell Business Centre at Quadrants Way, Hardwicke, Gloucester.  McDonnell-Price initially approached...

Minimum Energy Efficiency Standards - are you prepared?

New Rules from 1 April 2018: If a Landlord is going to let a commercial property after 1 April 2018 (or for existing lettings after 1 April 2023), they will have to comply with the MEES Regulations.  Not all commercial properties are subject to the...

Landlord Releases - The Pressure is On!

As a landlord, you might expect that once you have assigned your interest in a lease you will no longer be liable for any of the landlord covenants that you entered into when granting the lease. Unfortunately, the recent case of Reeves & Downing v...

Capital Allowances on Buildings

In The Hot Seat With Sara Crowther, Crowther Associates Chartered Accountants When a business calculates the profits on which it must pay tax it cannot deduct capital expenditure.  One exception to this rule is capital allowances.  These allow a...

Preparing to Sell a Leasehold Apartment

Jane Witek of Hughes Paddison’s residential property team strongly recommends that you appoint solicitors as soon as you put your property on the market and request that they start to put together the leasehold information which will be required by...

Property fraud - how can I avoid being a victim?

Fraudsters are increasingly attempting to acquire “title” to property and thereby ownership by impersonating the registered owner or attempting to transfer the property into their own name.  Often the objective of the fraudster is to...

Commercial Landlords & Tenants - Contracted-out tenancies: what happens at the end of them?

In leases of commercial property when the lease comes to an end the tenant normally has the right to a new lease.  In more recent years landlords have elected to have their leases contracted out of the Landlord & Tenant Act 1954, which means that...

Changes to Tenancy Deposit Rules

It is well known that since 6 April 2007 landlords of assured shorthold tenancies have been required to protect the tenant’s deposit in an approved tenancy deposit protection scheme. If the landlord failed to protect the deposit correctly (s)he would...

Building Regulations - Pitfalls for the Unwary Vendor

Important information for anyone considering selling their home who may have carried out work on it within the last 10 years without obtaining Buildings Regulations approval. The Building Regulations regime in England and Wales derives from two statutory...

Commercial Leases - Break Clauses

A break clause can be included in a fixed term lease to allow either the Tenant or Landlord to terminate the Lease before the end of the term.  This can be a very important benefit for a Tenant, whether just starting in business or an established...

Budget Update - Commercial Property

This is an update to our previous article of 22 March 2011 in which we indicated that the government may be announcing changes to planning rules for converting existing commercial property into residential. We observed that 'the devil will be in the...

Planning Changes for Commercial Property

A recent BBC article has revealed government plans for changing the rules on converting existing commercial property into residential property. Under current planning rules a property developer would need planning permission for ‘change of...

Commercial Property - Early Instruction Vital

Doug Armstrong, a  member of the Commercial Property team at Hughes Paddison, talks about the benefits of instructing a solicitor before rushing in to a property deal. Too often clients find their solicitors negotiating from a position of weakness...