The law that applies here
Business tenancies here are governed by Part II of the Landlord and Tenant Act 1954. Unless the lease was contracted out, you have security of tenure: the tenancy continues after the contractual expiry date and can only be ended by a Section 25 notice from the landlord or a Section 26 request from you. Interim rent under Section 24A runs from the earliest date the notice could have specified.
Local market context
Bullring, Grand Central and New Street carry the prime rents, with a steep fall away into the traditional streets around them.
Long-running city-centre regeneration and infrastructure work has generated compulsory purchase and Part 1 compensation claims for occupiers affected by disturbance and by physical factors from new public works.
West Midlands industrial and trade counter rents have risen strongly, making upward-only reviews on older stock a recurring pressure point.
Pitches and markets covered
- Bullring, Grand Central and New Street
- High Street, Corporation Street and Colmore Row
- Brindleyplace and Jewellery Quarter leisure
- Regional town centres — Solihull, Wolverhampton, Coventry
Common questions
Relevant guides
- Retail Rent ReviewRetail rent reviews for shop occupiers: Zone A analysis, devaluing incentives, turnover rents, and negotiating on high streets and in schemes.
- Lease Renewal SurveyorTenant-side lease renewal surveyor: 1954 Act renewals, notices, terms and rent negotiated and, where needed, contested through the courts.
- Part 1 ClaimsPart 1 claims under the Land Compensation Act 1973 — compensation for depreciation caused by noise, dust, vibration and light from new public works.
- Compulsory Purchase (CPO)CPO advice for occupiers and owners: market value, disturbance, loss payments and relocation compensation, negotiated with acquiring authorities.
- Commercial Dilapidations SurveyorDilapidations claims challenged and settled for tenants: interim and terminal schedules, Section 18 cap, diminution valuation and Protocol compliance.
Talk it through