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Making your commercial property portfolio more sustainable

Making your commercial property portfolio more sustainable

Growing evidence of climate change has put sustainability firmly on the commercial property agenda.  Owners, occupiers, and lenders are increasingly focused on ‘ESG’ which refers to environmental, social and governance issues.  Lenders and occupiers are asking to see...
Wollens success at Devon & Somerset Law Society Legal Awards !

Wollens success at Devon & Somerset Law Society Legal Awards !

The presentation of the Devon & Somerset Law Society Legal Awards for 2020 took place last night (September 23rd) in a digital ceremony after several attempts to hold the Dinner originally planned for April 2020 were postponed for COVID reasons.  Hosted by the...
Landlord’s options if a tenant breaches repair obligations.

Landlord’s options if a tenant breaches repair obligations.

Making sure a commercial property is well maintained is one of a landlord’s key priorities, and it is almost as important as getting in the rent. Under a full repairing and insuring lease the tenant is obliged to keep the property in a good state of repair – but what...
What next for Covid-19 commercial rent arrears?

What next for Covid-19 commercial rent arrears?

Many commercial tenants, particularly in the hospitality and retail sectors, have accrued significant rent arrears during the Covid-19 pandemic. Despite the availability of government grants, many businesses have been simply unable to meet all of their outgoings in...
An incorrect rent review clause could be costly.

An incorrect rent review clause could be costly.

To correct or not to correct? That was the question for the Court of Appeal in the recent case of MonSolar IQ Ltd v Woden Park Ltd [2021], when faced with an incorrectly drafted rent review provision which could have increased the annual rent from £15,000 to £76...
What next for Covid-19 commercial rent arrears?

Ten key negotiating points when taking a new commercial lease

When a landlord and tenant try to settle the terms for a new commercial lease, each party will have clear objectives.  The landlord wants a secure income stream and confidence that the property will be left in good condition at the end of the lease.  The tenant wants...