Commercial Lease / Tenant rights????
Discussion
I have a slight conundrum; a client has asked me the following:
They have a client /tenant who has leased a commercial / warehouse premises for some years. The lease expired in October this year. The landlord offered / accepted that the rent would be paid monthly after this date.
If the tenant stops paying rent what are their tenancy rights? Obviously with a residential tenancy, the tenant will have on average have 6 months before a court order affects an eviction. But what is the law regarding a commercial tenancy?
I should point out that my client could put the tenant into administration as and when.
Any advice greatly received
They have a client /tenant who has leased a commercial / warehouse premises for some years. The lease expired in October this year. The landlord offered / accepted that the rent would be paid monthly after this date.
If the tenant stops paying rent what are their tenancy rights? Obviously with a residential tenancy, the tenant will have on average have 6 months before a court order affects an eviction. But what is the law regarding a commercial tenancy?
I should point out that my client could put the tenant into administration as and when.
Any advice greatly received
Not enough info. Was the original lease inside the Landlord and Tenant Act or outside the Act? Has the landlord done anything served any notice etc?
edited having read the post properly...still need answers to the above, it depends what the lease says with regard to arrears and the Landlord's right to forfet. They should be careful that you cannot forfeit a lease against an administrator without the consent of the court.
edited having read the post properly...still need answers to the above, it depends what the lease says with regard to arrears and the Landlord's right to forfet. They should be careful that you cannot forfeit a lease against an administrator without the consent of the court.
Edited by Piglet on Tuesday 20th November 21:04
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