News articles – Commercial Lease Transactions
The key priority for a landlord of commercial property is to secure a reliable and predictable rental income, which can be reviewed at regular intervals so that it keeps pace with other property in the market.
Now that hotels, pubs, bars, and restaurants are back in business, leisure and hospitality operators are looking for ways to attract enough customers to remain viable.
As we gradually emerge from lockdown and businesses try to reopen, commercial property must adapt. All business premises will need to change in some way, to allow for long-term social distancing and to limit the spread of infection.
After the immediate shock of the lockdown and the March quarter day which came soon afterwards, commercial property landlords are taking stock and working out their options for the next few months. Landlords who take the right steps now, with the right advice, will have the best chance of preserving a strong portfolio for the future.
Thackray Williams solicitors have announced their intention to extend their opening hours in order to be able better support their clients during the coronavirus pandemic, particularly those that may not be able to seek legal advice during traditional office hours.