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Small Business Rate Relief - Make Sure You Claim

Duty Free

In order to claim small business rate relief you must apply to your local authority. Relief will not be given automatically. It is suggested that less than 50% of eligible businesses have applied in England (interestingly it is automatically given in Wales), but you could get 100% relief depending on your rateable value.

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  • ‘Contracted-Out’ Leases - What Tenants Need To Know

    'Lease Contract'

    It is important for tenants when signing a new commercial lease to understand the difference between a ‘contracted-out’ or ‘non-protected’ lease and a ‘protected’ lease. This may not concern a tenant until they approach the end of the lease term when the differences will become all too apparent.

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  • Do You Measure Up?

    Image of old fashioned reel measuring tape, inches 1 to 5 shown.

    Many people when renting or buying commercial premises do not check the selling agent’s areas. They assume that the agent’s areas are correct and work on the basis that they are getting what they see.

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  • MOVING PREMISES? - KEEP YOUR STAFF INFORMED

    When moving premises ensure that you consult with your employees at an early stage; rumours and uncertainty can be a worry to staff which in turn can have an adverse affect on your business. Keep communication lines open at every stage of the process, and have some HR/legal advice on hand for any difficult situations. In this article we discuss some simple procedures to follow which should avoid any problems arising.

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  • Calling All Tenants is Your Lease Protected?

    Old lock and handle

    When a business takes occupation of commercial premises a legal relationship is created between the occupier and the superior legal interest, often the freeholder or a head tenant. Agreement reached between the parties will determine the rights and responsibilities of both sides and the level of security enjoyed by the occupier.

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  • DEFINING THE PREMISES - GET IT RIGHT AT THE OUTSET

    When acquiring new commercial premises the main terms of the deal negotiated are embodied in a document called the 'Heads of Terms' which are sent to the solicitors to form the basis of the legal documentation. It is important that all the key points of the deal are included at the outset as once solicitors are involved it is difficult to back track and alter the terms. One important key point often overlooked is the definition of the premises to be acquired. All too often this task is left to the solicitor. In this article we examine the importance of carefully defining the extent of the demised premises to be rented and examine whether it should be the acquiring agent or the solicitor who should take the lead role. Getting it right at the outset can save time and money in the long run.

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  • AIR CONDITIONING INSPECTIONS

    New regulations have been introduced requiring air conditioning units in commercial premises that have a total output of more than 12kW to be tested no less than once in every five years or the person controlling the system will face fines for non compliance.

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  • The Energy Act 2011 - Inefficient Buildings are Forced to Pay

    Image of electricity pilons

    The Energy Act 2011 (the Act) states that no later than April 2018 it will be unlawful to let commercial premises that do not reach a minimum energy efficiency standard. The current proposal is that the threshold should be EPC rating ‘E’. This is a minimal level which will likely rise with time. This means that for buildings with an EPC level F or G landlords will not be able to be legally let them without improvement works being undertaken. Sales and assignment of leases do not appear to be caught by the provisions.

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