Finding the right premises and managing commercial property are important for businesses of all sizes. On this page you can find articles, books and online resources providing news and guidance.
Legal Alert is a monthly checklist from Atom Content Marketing highlighting new and pending laws, regulations, codes of practice and rulings that could have an impact on your business.
Developers, property owners and funders will welcome changes to planning laws that permit developments in England altering use of property from commercial business and service (Class E) to residential (Class C3), under a new Class MA (Mercantile to Abode), provided certain conditions are met.
Businesses who lease premises but whose workforce may not all return to work when COVID-19 restrictions are eased are considering whether to look for smaller premises, or to reduce the space they rent – but need to know how they can get out of their existing lease, or vary it, to achieve what they want.
Tenants of commercial property in England will welcome a further extension to temporary laws that protect them from certain legal actions by their landlords for arrears of rent, to 31 March 2021.
Disclaimer: These articles from Atom Content Marketing are for general guidance only, for businesses in the United Kingdom governed by the laws of England. Atom Content Marketing, expert contributors and ICAEW (as distributor) disclaim all liability for any errors or omissions.
The ICAEW Library & Information Service provides access to a range of articles in full text from leading business, finance and management journals. This resource is available to ICAEW members, ACA students and other entitled users.
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The $10 billion bright spot in the battered world of office real estate
Life sciences building sales and refinancing are doing well - unlike workers in conventional offices, many scientists don't work remotely.
Virgin Active restructuring to set high street precedent
Virgin Active is using the new UK 'super scheme' restructuring law, introduced in 2020 to try to bind landlords and other creditors alike into accepting writedowns.
Buyers eye UK retail assets as high street reopens
As the UK reopens high street retail, investors are said to be investigating retail real estate opportunities. But the market is likely to be slow to recover.
British Property Federation (BPF)
The professional body representing the UK property industry provides information for commercial landlords and investors, including the BPF IPD Annual Lease Review report.
An independent website providing businesses with free information, guides, calculators and checklists for a successful office move.
A non-departmental public body (NDPB) providing free advice on the law affecting residential leasehold property in England and Wales. Includes a practitioners directory and guides on the core issues that affect leasehold property, written by professional legal advisers.
Renting a business property: tenant responsibilities
GOV.UK government guidance.
Code for leasing business premises
RICS professional statement on lettings of premises in England and Wales to tenants who will carry on trade, professional or other business activities in them. Includes template heads of terms and checklist to aid the legal drafting process.
Atom Content Marketing guides
- Find premises for your business
Choosing the right premises is a major decision for many businesses. The right location can be critical for attracting customers and employees, while the premises themselves can significantly influence productivity.
- Find the right premises for growth
If you expect your business to grow quickly, it can be difficult to get suitable premises for your needs. Though you may not need much space now, the situation could be very different in 12 or 18 months' time.
- Getting out of a lease
As the needs of your business change, you may wish to get out of the lease on your premises. This is seldom easy. A lease is a legal contract, and your landlord can take you to court if you break it.
- Property licences
Moving into licensed property is easier, quicker and cheaper than taking on a lease or buying a freehold property. Licensed properties are often ideal for start-ups and smaller businesses.
- Rent reviews and rating assessments
Rent reviews are a mechanism for adjusting a tenant's rent to the current market level. Similarly, the revaluation of rating assessments adjusts the rates an occupier pays, bringing it into line with rental values.
- Renting premises
Compared with purchasing premises, renting is flexible and ties up a minimal amount of capital. Most businesses rent their premises, either through a lease or a licence.
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