This is where commercial tenants have failed to pay the commercial landlord rent under the terms of the lease resulting in arrears.
Commercial rent arrears can be problematic for landlords. Where a landlord finds that they have a tenant who is refusing to pay rent, the landlord may consider the following courses of action to recover the rent arrears (these are subject to the latest COVID-19 regulations).
There may be justifiable reasons why commercial tenants find themselves in rent arrears. Possible options available to you could include:
Whether you are a commercial landlord or tenant, our specialist team can assist you in the following way: