As a commercial property landlord, whatever the size of your portfolio, effective control is essential to guarantee the efficiency of your investment. There are many areas to consider here including the collection of rent, the state of repair of your properties, whether or not your tenants are complying with the obligations of their lease, and equally whether you are complying with similar obligations with respect to service charges and other statutory requirements.
However, one of the key issues is rent arrears and in this respect it is important that you are fully aware of your position in order that you can respond quickly should problems arise.
There are a number of points to consider when dealing with rent arrears. One of the most important is to ensure that no demands for rent are made if you are considering forfeiture of the lease.
If you are experiencing rent arrears, get in touch with Adams for expert advice and support. We will provide a fast, effective and comprehensive service advising you on the best course of action. This will help to ensure that problems are satisfactorily resolved, cost-effectively, to help you maximise the value of your investment.
For further information and help on all aspects of commercial property, please contact our specialist team of solicitors. Either complete our enquiry form,or call us on 020 7790 2000 (east London), 0207 471 1744 (Fulham), or 020 7182 4500 (West End)
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