Coronavirus and commercial property2022-03-15T10:45:18+00:00

Coronavirus Legal Portal

Commercial Property

The impact of coronavirus on the commercial property market has the potential to be wide-ranging for landlords and tenants alike.

For tenants, being unable to pay rent and facing eviction could be the death-knell for their businesses, while landlords face losing rent while still having to meet the demands of their bank.

In response to these concerns, the Government has confirmed that commercial tenants that are unable to pay their rent due to disruption caused by the Coronavirus pandemic will not face eviction.

The Government is enforcing a three-month moratorium on evictions and debt enforcement for commercial leases in the emergency Coronavirus Bill, which will ensure that no business will be forced out of their premises if they miss a payment in the next three months.

Tenants will still be liable for the rent due in arrears after this period and the Government has said it is actively monitoring the impact on commercial landlords’ cash flow to ensure their operations are not put at risk.

Many commercial landlords and tenants are already in discussions about their rents, but it is important that they take proper legal advice before coming to an agreement.

Our expert commercial property lawyers are on-hand to advise you on the best course of action, whether you are a landlord or a tenant.

Contact us now for advice on your specific circumstances.

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Contact us now for advice on the legal considerations involved in protecting you, your family and your business from the impact of coronavirus.

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“ We completed our home move in June, beating the Stamp Duty deadline by 4 days, and were extremely satisfied with the way the whole selling and buying process was handled by Robert Rosenberg. He was super efficient and communicated with us constantly throughout the process. We highly recommend him. and OHR Stock Denton, to anyone looking for a painless and stress-free experience. ” – Colin

“I would like to say a huge thank you to Winston Kan of OGR Stock Denton LLP for the outstanding work he did on my car accident case. He supported me and my family through the long and exhausting process. There were times when I was ready to give up but he patiently and supportively guided me all the way. All the best wishes from me and my family.” – Hana

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“I called you with a difficult situation and within 30 minutes you had addressed the main issue and very clinically identified what needed to be done. Your attention to detail and your work approach are of such a high standard that i have no doubt whatsoever that any client you deal with will only have good things to say. You are a true ambassador to your firm and your profession, with the care you show and advice you give. I would like to thank you again for the wonderful job you did at such short notice and i have no hesitation in using your services again and recommending your firm.” – Meir

“I owe you a great debt of gratitude for the kind, helpful, empathic way you dealt with me and went about your business at a time in my life when I was suffering huge emotional pain. I did not really understand what was happening to me but you did, and your advice was invaluable”. – Stephen Wiser

“Winston Kan & Michael Stock of OGR Stock Denton LLP have been a great support throughout the process and Winston has demonstrated the highest levels of professionalism and genuine care throughout this difficult process. I highly recommend these lawyers, they are very attentive and honourable.” – Aziza

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