Footfall – November 2016

We are pleased to present the November edition of our Footfall newsletter, aimed at occupiers and their advisers.

Footfall newsletter – November 2016

• Business Rates – possible changes to what you will pay
  The burden of business rates was a recurring theme of press coverage in the lead up to Budget 2016. [more]
• To build or not to build…
  The building lease is a combination of a development agreement and traditional FRI lease in which, for a period of time, many of the usual tenant covenants are suspended while the tenant does things to the premises that it would not normally be allowed to do. [more]
• Considering liquidated and ascertained damages on an agreement for lease
  It is sometimes the case that a tenant will enter into agreements for lease where the landlord is undertaking substantial works to, or even constructing, the building or estate within which the premises will be located so that grant of the lease is conditional upon completion of those works. [more]
• Challenging service charges
  Many shops today will form part of the wider high street or retail park. We look at how service charges can be challenged in these situations. [more] 
• The brains behind your bricks – Intellectual property in your real estate
  The twenty-first century has seen a growing enthusiasm for eye catching construction projects and distinctive building designs. [more]
• Victorian working conditions in modern workplaces? Sports Direct – some employment lessons
  In August 2016, Sports Direct admitted breaking the law by failing to pay the National Minimum Wage. We consider lessons that can be learnt. [more]
• Assignment [more]
  Many tenants will have experienced the situation where they have taken a lease of a property but subsequently discover that the property has not been profitable. [more]

Updates for occupiers and their advisers