If you’ve ventured onto the high street of any small town in Britain lately, you may have noticed a worrying trend that only seems to be spreading. Through a combination of factors, including the COVID pandemic, Britain’s high streets are dying out, with empty retail units standing in the place of once-thriving shops. But how
Tenants Vacating? How to Be Better Prepared No landlord – residential or otherwise – enjoys being faced with a vacant property; but for those in commercial property, there’s an extra pain point to consider. As we’ve discussed before on our blog, empty rates are a common blight for commercial landlords, who are essentially forced to
Being interviewed this month by FCS Director Simon Dresdner, is Israel Weltscher of Carlton Park Management. This interview looks at some of the common challenges facing Landlords today, and how to resolve them. SD: Landlords are facing a big struggle today, whether it’s blue-chip tenants going in to Administration or the general decline on the
Over the last few years, the pop up shop economy has become a staple of the high street; it’s no longer unusual to see small galleries, craft stores and even clearance sales setting up in vacant commercial properties, all in an attempt to keep them in use between long-term lets. The result is a symbiotic
No landlord – residential or otherwise – enjoys being faced with a vacant property; but for those in commercial property, there’s an extra pain point to consider. As we’ve discussed before on our blog, empty rates are a common blight for commercial landlords, who are essentially forced to pay for owning a vacant building. Unfortunately,
Between retaining tenants and managing multiple properties, the life of a landlord is very rarely a calm one. There’s one area of the profession, however, that FCS believes should be free of stress: empty property rates. When your commercial property is empty, it’s only a matter of time before there are empty rates to
Not being able to lease a commercial property is, unfortunately, a reality for landlords. In our current economic climate – and with Brexit looming large – it’s not always possible to find long-term occupants. As expected, when a commercial property is occupied, the tenant is obligated to pay business rates. But, did you know
Deletions