Penningtons Manches Cooper LLP

Taking a lease on a science park? How to overcome financial pitfalls. The last in the series of blogs from Giorgia Clements, Penningtons Manches Cooper LLP

Aug 19, 2021 | Blog, Guest Articles, Member News, Penningtons Manches Cooper LLP

In our third blog addressing potential financial pitfalls in leases, we addressed the dangers of exercising your break right incorrectly or changing your mind after exercising it. To culminate our series of blogs, here we will consider business rates and the dangers...

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

Aug 3, 2021 | Blog, Guest Articles, Member News, 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

Jul 21, 2021 | Blog, Guest Articles, Member News, 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...

Taking a lease on a science park? How to overcome financial pitfalls

Jul 5, 2021 | Blog, Guest Articles, Member News, Penningtons Manches Cooper LLP

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....

Is your science park MEES-ready?

Feb 24, 2021 | Blog, Guest Articles, Member News, Penningtons Manches Cooper LLP

Since Phase 1 of the Energy Efficiency (Private Rented Property) (England and Wales) Regulations 2015 came into force back in 2018, landlords and their solicitors have become accustomed to the practice of providing an EPC to a tenant on the grant of a lease, and to...

Laura Gorman, Senior Associate, Penningtons Manches Cooper LLP on letting premises to start-up’s

Dec 2, 2020 | Blog, Guest Articles, Penningtons Manches Cooper LLP

We recently considered the increasing commercial necessity for landlords to understand a start-up’ priorities. We now look at the first (and perhaps most important) of these: cost certainty. Budget restrictions makes it important for new businesses to plan overheads. ...