Brierley & Coe News

Record Q2 for UK commercial real estate investment

admin August 7, 2014

Costar unveils its Q2 report on the bullish UK commercial property investment market as investors are attracted by the returns available in the sector;

'It was another stellar quarter for investment in UK commercial real estate with £13.6bn in verified transactions closing in the three months to June,
with expectations of future interest rate rises yet to have a negative impact on demand for UK real estate.
Investment soared… read the rest of “Record Q2 for UK commercial real estate investment”

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Energy performance of commercial property – an important consideration

admin August 1, 2014

Estates Gazette interactive highlights the importance of improvements to commercial property – ‘With the legislative change just 48 months away, prospective purchasers are already using sub-standard EPCs to chip prices. But the market can’t do it all. The government must explain exactly how it will enforce the Act. As importantly, every property owner needs to ensure every one of its buildings is up to standard.’, 25-04-2014.

The Energy… read the rest of “Energy performance of commercial property - an important consideration”

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Landlords liability for business rates when a tenant gets into trouble

admin July 30, 2014

CMS Cameron McKenna Reports on an important rates liability case for landlords;

Business rates are an unwelcome liability for a landlord, particularly when a landlord is pursued when a tenant falls into difficulty.

The High Court ruling in Schroeder Exempt Property Unit Trust and another v Birmingham City Council [2014] EWHC 2207 provides helpful clarification on the issue of liability for the payment of business rates following the… read the rest of “Landlords liability for business rates when a tenant gets into trouble”

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Adur & Worthing Council investing to bring forward key development site

admin July 28, 2014

Adur and Worthing Council joint strategic committee has agreed to invest in commissioning further site investigations on the key 19.0 acre former landfill site at Dominion Way in East Worthing. Investigation and analysis work costing up to £150,000, funded from the capacity issues reserves, is to be undertaken as part of a package of advise required to bring this key site forward for development and demonstrates the Local Authorities commitment to delivering key employment sites to benefit the… read the rest of “Adur & Worthing Council investing to bring forward key development site”

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Grounds for Landlords to oppose renewal

admin July 22, 2014

CMS Cameron McKenna reports on the recent decision in Youssefi -v- Musselwhite [2014] EWCA Civ 885 which provides useful guidance for landlords when looking to oppose the grant of a new lease on the ground of substantial breaches by the tenant of its obligations under the current tenancy or for any reason connected with the tenant’s use or management of the holding.

This case demonstrates that, while there is a high… read the rest of “Grounds for Landlords to oppose renewal”

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