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Posted by Vicky Hernandez, Partner
No-one would argue that 2020 hasn’t been tough for retailers but there are some who are emerging as clear winners from this turbulent year.
Posted by Vicky Hernandez, Partner
It’s the September quarter day and an important day for retailers as, for many, the next quarter’s rent will be due to their landlords. However, as the Government recently extended its moratorium on the recovery of commercial rents until the end of the year landlords may not have high hopes of being paid today.
Posted by Vicky Hernandez, Partner
Here we explain the changes to the property use class system, and Vicky Hernandez comments on what the changes might mean for landlords.
Posted by Vicky Hernandez, Partner
Vicky Hernandez from our Real Estate team comments on the latest guidance for retailers as wearing masks in shops becomes mandatory from today, 24 July 2020.
Posted by Vicky Hernandez, Partner
In a case keenly watched by the agricultural sector, a planned housing development on a farm in south Wales may not be able to proceed due to the developer being unable to undertake wildlife surveys. A ruling that has significant implications for both landowners and agricultural tenants.
Posted by Vicky Hernandez, Partner
Creditors of AllSaints, the fashion retailer with 225 stores in 26 countries, have today approved its CVA with a majority vote of over 90% in favour of the retailer’s proposals. The CVA will see rents paid to landlords in the UK, Canada and the US directly linked to the future success of the retailer through the adoption of turnover rents.
Posted by Vicky Hernandez, Partner
Following the news that Intu is close to administration, Vicky Hernandez from our specialist Retail team looks at what this might mean for commercial landlords in the sector as well as the future of the high street.
Posted by Vicky Hernandez, Partner
Retail tenants will increasingly demand rents linked to turnover and footfall, says property law firm Royds Withy King. But how do turnover leases account for online sales, click and collect, returns, and any future forced closures?
Posted by Vicky Hernandez, Partner
Retail landlords are reportedly ignoring government guidelines to protect retailers who cannot pay their rent by gearing up to issue statutory demands for rent arrears, says law firm Royds Withy King.