Forum Home Search Login Register
+  Landlord Forum
|-+  General Category
| |-+  Landlord Advice & Help
| | |-+  Commercial tennant- liquidation of company

Commercial tennant- liquidation of company

Pages: [1]
Print
Author Topic: Commercial tennant- liquidation of company  (Read 413 times)
Newbie
Posts: 2

I like property

« on: March 28, 2021, 10:10:14 PM »

Hello
I am the landlord of a commercial unit in London.
The tenant has contacted me last week and advised they wonít be reopening, and will be liquidating the company. Itís a small Beaty care salon, a couple of employees, not a large company.
I asked what their intentions are with the lease and they advised they didnít know or understand.
I understand there is an option where they could assign the lease - I am fairly sure this isnít the case but I guess could happen.
What do I need to ask / tell them to do?! Do they need to write to me to surrender the lease and return keys etc?
I will look into insurance for loss of rent but I think itís unlikely there will be any success in causing them for overdue rent but how would I go about doing this?
Thanks is advance, hope my question is clear.
Hero Member
Posts: 578

I like property

« Reply #1 on: March 29, 2021, 01:18:07 AM »

What does your contract says what happens if the tenant goes into insolvency or voluntary liquidation?
Newbie
Posts: 2

I like property

« Reply #2 on: March 29, 2021, 11:08:18 PM »

I am not sure I will look for this tomorrow.
Pages: [1]
Print