Commercial Property Update

Commercial Property Update
May 2011

In this issue:

•	Are you CLEUD up?
•	Empty Property Business Rates Relief Cut
•	Tenancy Deposits - Should landlords be Worried?
•	Cuts to solar feed-in incentives set to stifle green growth

James Coningsby Image Welcome to our Commerical Property Update for May 2011. In this issue we cover a number of topical commercial property issues.

Regards

James Coningsby

Director & Head of Real Estate

Are you CLEUD up?

Nelsons has recently acted for a client in the sale of a takeaway business. The client owned the freehold unit from which he traded for a number of years. It had originally been purchased from the local council which had let it as premises for a hot food...

Empty Property Business Rates Relief Cut

The Government has announced that from April 2011 the threshold for empty property business rates, which applies for commercial properties which are empty for more than 3 or 6 months depending on the type of property will revert to £2,600 from the...

Tenancy Deposits - Should landlords be Worried?

Up until 2007, if a landlord refused to repay a rent deposit to a residential tenant for no apparent reason, there was not a lot the tenant could do about it except perhaps submit a claim to the county court. This was often a step too far for many tenants...

Cuts to solar feed-in incentives set to stifle green growth

Almost 12 months after the introduction of its much heralded solar feed-in incentive scheme, the Government has proposed cuts of up to 70% to Feed-in Tariff for large scale solar energy production. Consultation by The Department...

Commercial Property Update - May 2011