Commercial Property e-news

Premises licence review before purchase

Napthens - June 19th 2017
Often when purchasing hotels or public houses, the premises licence is the last document to be reviewed. This can be dangerous and may cause major issues once trading commences. Prior to purchasing/leasing a licensed premises, the premises licence should be assessed and any due diligence carried out promptly. It is key to ensure, firstly, that the premises licence is still active and has not lapsed for whatever reason.
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Energy Performances Certificates in 2018

Napthens - June 19th 2017
An Energy Performance Certificate (EPC) is usually required when a property is built, sold or rented. The EPC provides a prospective buyer or tenant with information about a property’s energy use and typical energy costs. An EPC generally also contains recommendations about how a property’s energy performance can be improved thereby saving the occupant money. The current energy performance scale runs from A to G, A being the most energy efficient and G being the worst.
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Squatters occupying commercial premises

Napthens - June 19th 2017
The national press has recently covered a story whereby a group of travellers broke into the car park of a well known Lancashire Business and occupied the premises by preventing access to the site by putting their own locks on the factory gates. According to the Daily Mail, it is alleged that the travellers demanded a ransom to be paid by 10:00 p.m. that evening or they would burn the factory down.
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Form and content of a building contract

Napthens - June 19th 2017
As mentioned in Leigh Child's last edition, the construction due diligence for any prospective purchaser or tenant (and their potential funder) can affect a developer’s ability to dispose of the whole or part of a commercial development, and the building contract will be one of the key documents in that review.
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Never overlook construction documents

Napthens - May 3rd 2017
In a series of articles, Leigh Child, Senior Associate in the Construction team at Napthens, looks at the importance of construction documents underpinning a commercial development from both the perspective of the developer, and starting with interested parties such as purchaser, tenants and funders.
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Side Letters – warning to landlords

Napthens - May 3rd 2017
The recent case of Vivienne Westwood Limited v Conduit Street Developments Limited could have a significant effect on the application and enforcement of Side Letters to commercial leases.
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