“Propco/opco” structuring has been a buzz phrase over the last few years, particularly in the care home and hotel sectors. It is a way for the owner of a business (not just a care home or hotel business) which has freehold or long leasehold assets to make the most efficient use of those assets, [...]
[click here read more]Posted: March 7th, 2008 under Commercial Property.
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COMMERCIAL PROPERTY & PROPERTY FINANCE DEPARTMENT
Client: National House builder
Purchase of site in Huddersfield - three leasehold interests and a freehold interest; subject to planning for a proposed residential development, instruction for Tim Cross/Anil Champaneri
Option to purchase over livery yard in Drighlington for a 13 year period.
For further information, please contact: Tim [...]
Posted: February 28th, 2008 under Commercial Property.
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Developers must ensure that they fully consider whether any adjoining owners’ rights of light will be breached well before they commence work on a development. That was the message from a recent case before the Court of Appeal in which a developer was heavily penalised because they did not take this into consideration.
In Regan [...]
Posted: October 8th, 2007 under Commercial Property.
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Landlords may be unable to recover possession of property, which a tenant occupies under an Assured Shorthold Tenancy, if they fail to comply with new laws on the holding and return of tenant’s deposits.
The new Tenancy Deposit Schemes are designed to limit the number of disputes between landlords and tenants regarding [...]
Posted: October 8th, 2007 under Commercial Property.
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