Commercial rent payment alternatives in the COVID-19 climate
The way rent is paid can make or break a tenant’s business in difficult economic times, so it is something landlords cannot afford to ignore
In this video, Ashtons Legal commercial property law expert, Charlotte Vallins, explores the alternatives to traditional rent payment formats in commercial leases, these being particularly worthy of consideration during the current COVID-19 climate. If the parties to a lease are willing to be flexible then, as Charlotte explains, there are alternatives that will benefit both sides and enable a tenant to continue trading, and a landlord to continue to receive rent and keep its premises occupied.
For individual advice, please contact our commercial property law team or complete our online enquiry form.
Tags: Charlotte Vallins, commercial leases, Commercial Property, Coronavirus, COVID-19, rent
How can we help?
If you have an enquiry or you would like to find out more about our services, why not contact us?