Developer’s – don’t forget your commercial leases in your residential schemes – Landlord and Tenant Act 1987 section 5 (LTA)
Insights
Where a private landlord/developer of a mixed use residential and commercial scheme is proposing to lease its commercial premises then beware, (under certain circumstances) qualifying tenants of flats have a right of first refusal to purchase that interest.
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Focus on our private property and agriculture team at Clarke Willmott
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Clarke Willmott’s team of private property and agricultural specialists possess extensive and well-rounded experience which enables them to provide informed legal advice on every aspect of rural and urban property transactions.
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Clarke Willmott’s national real estate team is one of the largest of its kind in the UK. The team acts for commercial and residential property developers, investors, funders, occupiers, public sector bodies, major retailers, charities and private landowners.
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What is Business Property Relief and how might it benefit your estate? Call 0800 652 8025 for a free initial consultation and IHT advice. Award winning national firm in Birmingham, Bristol, Cardiff, London, Manchester, Southampton & Taunton.
Changing from a commercial lease to a residential lease
Insights
The case of Zash Properties Ltd v Mayworth Ltd and Landau Consulting & Investments Ltd provides useful guidance for landlords on their legal rights where a tenant seeks to undertake such a conversion without consent.
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Our team of specialist solicitors is one of the largest in the UK. With more than 100 lawyers, we advise on all areas of commercial property law. Call 0800 652 8025. Offices in Birmingham, Bristol, Cardiff, London, Manchester, Southampton & Taunton
