Taking a lease on a science park? How to overcome financial pitfalls. The third blog in the series from Giorgia Clements, Penningtons Manches Cooper LLP
In our previous blogs looking at financial pitfalls in leases we explored financial traps for tenants resulting from the rent review process, service charge liability, and dilapidations claims. In this third blog, we explore the lesser considered financial liability...
Taking a lease on a science park? How to overcome financial pitfalls. The second blog in the series from Giorgia Clements, Penningtons Manches Cooper LLP
In our first blog addressing financial pitfalls in leases, we focused on rent review. Here we will explore two more common areas within commercial leases that contain potential pitfalls: service charge and dilapidations liability. Service charge When letting only part...
Where are the UK’s most powerful Innovation Districts and Hubs? Bruntwood SciTech delve into where these innovation hubs and districts are, why they’re so important
Innovation Districts: ‘’Geographic areas where leading-edge anchor institutions and companies cluster and connect with start-ups, business incubators and accelerators. These innovation hubs are physically compact, transit-accessible, and technically-wired and...
Taking a lease on a science park? How to overcome financial pitfalls
If you have or are about to take a lease at a science park, your mind will no doubt be focussed on the financial impact of that lease, especially around headline rent and service charge. But leases contain a plethora of lesser-known financial obligations or pitfalls....

