Difficult choices facing business owners, tenants and landlords

This week was a big one for the commercial property market in the UK. Many commercial landlords routinely collected their quarterly rent. However, due to the current COVID-19 pandemic, many tenants were unable to pay any or all of the rent owed. Big corporate tenants have been able to dictate favourable terms in renegotiations, often bringing rents down considerably, rather than suspending rents. These heavyweight tenants, while losing millions through declining revenue, are seemingly protected in some instances due…

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>Tiger Law Ltd is a limited company incorporated in England, registration number 10618637, registered address: 150 Bridge Street, Wye, Kent, TN25 5DP. Details of the Principal and her professional qualifications are open to inspection at our registered office. Tiger Law Ltd is authorised and regulated by the Solicitors Regulation Authority (SRA No 637189) and our professional code of conduct can be accessed here

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