We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Commercial rental

Options
COLIN_in_NOTTS
COLIN_in_NOTTS Posts: 19 Forumite
Eighth Anniversary First Post
edited 6 June 2023 at 10:59AM in Small biz MoneySaving
My daughter currently pays £2000/month for space in a wedding shop. They now want to increase it to £2950. She has also found that they are advertising it for £650 to new tenants. It seems they are trying to price her out of the store, is there a law governing these practices.

Comments

  • daveyjp
    daveyjp Posts: 13,533 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    There are lots of laws relating to landlord and tenant and commercial properties, but as a business to business arrangement the starting point is the nature of the property, her occupation status and the document she has signed which permits her to use the space.

    Does she occupy under a lease, a tenancy, a tenancy at will or a licence?
  • tightauldgit
    tightauldgit Posts: 2,628 Forumite
    1,000 Posts Second Anniversary Name Dropper
    As a general rule commercial leases are just governed by whatever agreement the two parties make. Unless she could show that the landlord is discriminating based on some protected characteristic then I think it's basically up to the landlord what deal they want to offer any specific individual. Equally if she has a contract saying her rent is £2000 a month then they can't increase it while that is in place (unless the contract says they can) 
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.