Developer’s – don’t forget your commercial leases in your residential schemes – Landlord and Tenant Act 1987 section 5 (LTA)
Commercial property
Insights
Where a private landlord/developer of a mixed use residential and commercial scheme is proposing to lease its commercial premises then beware, (under certain circumstances) qualifying tenants of flats have a right of first refusal to purchase that interest.
Written by
Nicola Sutton
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is an associate in the banking and finance team based in Cardiff. Harvinder has experience in advising clients on a range of financing matters across various sectors.
Helen is a partner in Clarke Willmott solicitors’ commercial property team specialising in all aspects of acquisition, development and disposal of property
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