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Commercial Real Estate

4 June 2015

Deregulation Act relaxes restrictions on short-term lets in London

Since coming into force on 26 March, the Deregulation Act (the “Act”) has introduced several changes designed to free businesses from the burdens caused by regulations and existing laws.

Last week, on 26 May, further provisions of the Act came into force, including sections 44 and 45 which relax planning permission in London on short-term lets.
 

Mark Fallmann

5 February 2015

Gordon Ramsay’s court room nightmare

The Chancery Division Judge Mr Justice Morgan recently refused to grant Gordon Ramsay a declaration that a personal guarantee for rent was not binding because his signature had allegedly been unlawfully obtained.

26 November 2014

Changing office use to residential – headaches on the road to conversion

Permitted development rights (PDR) introduced by central government in May 2013 allow a change of use of an existing B1(a) office building to C3, dwelling houses, without the necessity of obtaining planning permission.

Neil McAlister

17 March 2014

Capital allowances - create a pool to avoid taking a bath

Since April 2012, it has been a requirement that in order for a buyer to claim capital allowances on a commercial property, it must have fixed the value of that qualifying expenditure with the seller, usually by means of a tax election under s198 of the Capital Allowances Act 2001.

Neil McAlister

11 March 2014

Key considerations when exercising a break clause

Following on from last week’s blog and checklist,  Break Clauses in Commercial Property, this blog summarises two of the key recent cases in this area, relating to the payment of sums due as well as highlighting some of the commercial aspects to bear in mind when a right to exercise a break clause in a lease is on the horizon.

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