The exceptional circumstances we all find ourselves in arising from the Covid-19 outbreak are already bringing considerable operational pressures for the businesses of landlords and tenants. The full economic impact will not be known for some time. But it seems clear that landlords and tenants will need to work as co-operatively and flexibility as they reasonably can to try and secure businesses in the short term, until it is possible to make a better assessment of any longer term adjustments that may be sensible.

We have prepared articles on some of the issues our landlord and tenant clients have been raising with us in relation to their commercial premises arrangements and those we anticipate will come into focus over the coming weeks and months.

Click on the following links for further details:

The Coronavirus Act 2020 – Impact for Landlords and Tenants of Residential and Commercial Properties

Cash is King: Rent Holidays and Concessions

Can commercial tenants suspend or stop paying rent as a result of Covid-19 without the landlord’s agreement?

Can commercial tenants terminate a lease because of Covid-19?

Does Covid-19 affect the operation of break provisions in commercial leases?

Trading and Property Insurance Issues

Can a landlord insist on a commercial tenant closing the premises as a result of Covid-19? 

Can landlords evict commercial tenants who are unable to pay their rent as a result of Covid-19?

If we can assist with any questions you may have, please contact the TSP Commercial Property Team on 01206 574431 or by e-mail at info@tsplegal.com