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
The city-centre retail core around Listergate, Clumber Street and the two shopping centres has changed substantially, and historic scheme evidence rarely reflects current trade.
Hockley and the Lace Market food and beverage pitches trade on covers and licence hours rather than frontage, so restaurant and bar rents need a trading approach.
East Midlands logistics rents around the M1 corridor have risen sharply, driving hard upward-only reviews on older industrial stock.
Pitches and markets covered
- Clumber Street, Listergate and the city-centre schemes
- Hockley and the Lace Market leisure
- Beeston, West Bridgford and suburban district centres
- M1 corridor industrial and logistics
Specialist advice for Nottingham tenants
The detail of each subject sits on its own page: commercial rent reviews, lease renewals and commercial dilapidations, the landlord's Section 25 notice and the tenant's Section 26 request. This page covers what is specific to the Nottingham market.
Common questions
Are you local to Nottingham?
Yes — the practice is based in the East Midlands and works nationally. Local instructions get the same tenant-side approach as national portfolio work, with free initial advice on any lease, notice or schedule.
What does high street rental auction designation mean for me?
Local authorities can require landlords of long-vacant high street units to let them at auction. For occupiers it can create genuine opportunities, but the lease terms on offer are prescribed and need reviewing carefully.
Relevant guides
- Commercial Rent Review SurveyorChartered surveyor acting for tenants at commercial rent review — evidence, negotiation, arbitration and expert determination across the UK and Ireland.
- Lease Renewal SurveyorTenant-side lease renewal surveyor: 1954 Act renewals, notices, terms and rent negotiated and, where needed, contested through the courts.
- High Street Rental AuctionsHow high street rental auctions work under the Levelling-up and Regeneration Act: vacancy rules, notices, the auction tenancy and what it means.
- Retail PropertyRetail property advice for shop occupiers: rent reviews, lease renewals, zoning and comparable evidence, portfolio strategy and exit planning.
- Interim RentInterim rent under Sections 24A to 24D of the 1954 Act: who can apply, when it starts, how it is valued and when it differs from the new lease rent.
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