Commercial Property Update - December 2009

 

   
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Commercial Property Update
December 2009
In this issue:
• Carbon Reduction Commitment (CRC) Energy Efficiency Scheme
• Break Notices - Get them Right or Pay the Price
• There is Always Tomorrow or Next Year!
• Discussion Forums on Dilapidations

The commercial property team at Nelsons is one of the largest in the East Midlands. The team deals with the acquisition or disposal of all types of commercial property from large portfolios to small industrial units. As well as acting in the general purchasing, sale or leasing arena, partners specialising in commercial property advise on a wide range of development projects.

Nelsons Solicitors LLP

Sterne House
Lodge Lane
Derby
DE1 3WD
01332 372372

Provincial House
37 New Walk
Leicester
LE1 6TU
0116 222 6666

Pennine House
8 Stanford Street
Nottingham
NG1 7BQ
0115 958 6262
 

James Coningsby ImageWelcome to our Commerical Property Update for December 2009.  In this issue we cover the Carbon Reduction Commitment (CRC) Energy Efficiency Scheme and other topical issues in commercial property law.

Regards

James Coningsby

Partner & Head of Real Estate

Carbon Reduction Commitment (CRC) Energy Efficiency Scheme

Effective from 1st April 2010, the CRC Energy Efficiency Scheme is a key component of the Government’s climate change bill and requires organisations with an annual energy consumption of approximately 6,000 MegaWatt Hours, or an energy bill in excess...

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Break Notices - Get them Right or Pay the Price

In the current recessionary climate, break options have become a welcome safety net for tenants who find their once profitable businesses facing problems. A well-drawn lease will contain pre-conditions (such as at least six months written notice to expire on...

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There is Always Tomorrow or Next Year!

As many tenants still continue to be bound by rents agreed during the recent boom years, landlords will have experienced delays in payment. When times were good, forfeiture and chasing the tenant for the debt through the courts were viable options, but few...

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Discussion Forums on Dilapidations

As more and more commercial leases come to an end without being renewed, dilapidations are now becoming increasingly important. Nelsons’ recent discussion forums held in Nottingham, Leicester and Derby gave surveyors, landlords...

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