Commercial Property Archives | Parfitt Cresswell Solicitors
Telephone: 0800 999 4437    

Category Archives for Commercial Property

Service Charges – Landlord Pays Dearly for Failing to Read the Lease

When it comes to issuing service charge demands, landlords must stick to the letter of leases or risk recovering nothing at all – even if that results in tenants receiving an unwarranted windfall. The

Continue reading

Lease Reforms

Mike Bowen explains the work he has been doing on lease reforms.

Continue reading

How Much Is a Freehold Interest Worth? Court of Appeal Clarifies the Law

Where a tenant exercises its right to buy a freehold, the sum payable is calculated on the basis of the property’s open market value, subject to the existence of the tenancy. But what happens if the

Continue reading

Commercial Landlord Punished for Failing to Arrange Building Insurance

Commercial landlords usually bear the burden of arranging building insurance and any failure to do so can expose all concerned to the risk of catastrophic loss. In one case, a landlord who failed in that

Continue reading

Pub Must Close After Restrictive Covenant Declared Pointless

Covenants that restrict the use of land can be discharged or modified if they have ceased to serve a useful purpose and are of no real benefit to local people. In one case that proved this point, the Upper

Continue reading

Insuring a Risk? Absolute Frankness Is the Best Policy!

When you take out an insurance policy, it might seem tempting to minimise the risk insured against with a view to reducing the premium. However, one High Court case concerning a catastrophic property fire

Continue reading

Planning Decisions Must Be Consistent and In Line With Published Policy

The Secretary of State for Communities and Local Government has broad planning powers, but he has to exercise them consistently and in accordance with his own published policies. The High Court powerfully

Continue reading

Oops! Landlord Grants 2,000-Year Lease By Mistake

Landlords court disaster if they fail to take legal advice before granting a tenancy. If ever there was a case that proved the point it must be that of a property company that wished to grant a lease for

Continue reading