Published: 25/03/2020Protection from Eviction for Commercial Tenants
The UK Government have advised that Commercial tenants who cannot pay their rent because of COVID-19 will be protected from eviction.
These measures will mean no business will automatically forfeit their lease and be forced out of their premises if they miss a payment up until 30 June.
There is the option for the government to extend this period if needed.
This is not a rental holiday. All commercial tenants will still be liable for the rent. Commercial tenants are protected from eviction if they are unable to pay rent.
All commercial tenants in England, Wales and Northern Ireland are eligible.
RAB Commercial specialise in the sale and letting of all types on commercial property in London and the South East.
For more information please contact :
(t) 020 3751 2775
(m) 07788 274312