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Commercial Property in Uncertain Times – Finding Flexibility in Leases

June 29 @ 11:00 am - 12:15 pm

Free

Coronavirus has left both landlords and tenants in a predicament.  While landlords seek to recover rent and keep occupancy rates high, tenants face financial difficulties and may be re-evaluating their need for or use of commercial space.  These commercial decisions are difficult to make while we are still in a period of turbulence. Some sectors are thriving and looking to take on more commercial space.

We are delighted to be joined by John Wagstaffe, Partner and Head of Property Litigation, Helen Bunting, Associate Solicitor specialising in Commercial Property, and Agata Marosz, Solicitor specialising in Commercial Property at Longmores, who will talk about the options available to both commercial tenants and commercial property owners.

  • John will outline the current Government restrictions in place to protect tenants from forfeiture and the Commercial Rent Arrears (CRAR) scheme
  • Helen will discuss where you can find flexibility in existing leases before a tenant makes the decision to reduce or end occupation. This will include an overview of Covid clauses, rent concessions and alternative rent structures that may be available.  She will also cover the legal considerations when making alterations to facilitate distanced working practices and how to change the use of commercial premises.
  • Agata will provide a review of the methods available to terminate or transfer leases

At the beginning of the webinar there will be a brief networking session to help you get to know the speakers and other delegates. We encourage everybody to join in and switch on your cameras.

After the presentation there will be a Q&A when delegates are invited to ask their questions, however big or small. You can also submit a question in advance when booking your place by emailing bookings@hertschamber.com.

Details

Date:
June 29
Time:
11:00 am - 12:15 pm
Cost:
Free
Event Category:
Website:
https://my.hertschamber.com/calendar_detail.html?eid=4FF03144-7C53-4AA1-9C95-6328D7575FF2

Organiser

Hertfordshire Chamber of Commerce
Phone:
01707 502180
Email:
bookings@hertschamber.com
Website:
ww.hertschamber.com

Venue

Zoom