Business Affairs & Corporate / Commercial Transactions

Is there a time frame to give notice to commercial tenants?

Landlords must provide their tenants with seven days’ notice before initiating action under commercial rent arrears recovery legislation.

What options do I have as a commercial landlord with tenants in arrears?

When a commercial tenant falls into arrears a landlord has several options to recover their money. We can act on your behalf offering cost-effective and practical advice on the following:

• • Commercial rent arrears recovery (CRAR):

Commercial landlords can instruct enforcement representatives to take control of tenants’ goods to sell them to recover a value equivalent to the arrears. 

• • Pursuing guarantors or original tenants:

The tenant may have specified a guarantor within the lease who would then become liable for the arrears. Alternatively, If a tenant has assigned the lease, an Authorised Guarantee Agreement may be in place (AGA). An AGA means the original tenant could act as the assignee’s guarantor.

• • Forfeiture:

A commercial landlord has the option to enter the property and change the locks, terminating the lease.

• • Debt claim:

The option to issue proceedings in the county court for the rent arrears.

How can we help?

We represent both landlords and tenants regarding disputes against unpaid rent. Therefore, we ensure to get to know our clients to find the bests solution for you.

Contact us on 0161 798 9000.