Many landlord’s did not receive their rent due on the March quarter day as a result of the Covid-19 outbreak and the Government closure of all pubs, bars, restaurants, hotels and cafes. A landlord of commercial premises has several options available when faced with non-payment of rent. The COVID-19 pandemic has seen government intervention that seeks to protect tenants by restricting the ability of landlords to rely on some of these remedies for a period of time.
This PDF document shows a table of an overview of each potential remedy. It also sets out some of the advantages and disadvantages of each remedy from the point of view of a landlord. Where government restrictions are currently in force or are planned they are also outlined. The remedies set out in the PDF are not always available, or viable. Often the appropriate action will involve consideration of the specific circumstances.
With our experience in the hospitality sector, we are well placed to provide practical support from a legal and commercial perspective. If you are concerned about one of your tenants and want to discuss the potential options available to you, please contact Mark Brown
The content of this page is a summary of the law in force at the present time and is not exhaustive, nor does it contain definitive advice. Specialist legal advice should be sought in relation to any queries that may arise.