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Published 18 May 2020
As the UK’s lockdown continues, many landlords and tenants are actively engaged in negotiations around the variation of, or concessions relating to, the terms of any occupational leases.
Whilst, naturally, the main focus of such negotiations centre around rental concessions, there are potentially a number of other clauses in a lease that may need to be considered in the context of the current or future lockdowns:
Care should also be given to the drafting of the conditions for the ending of the concession, taking into account the government’s recent announcement that lockdown will be lifted in stages, with different business sectors recommencing business at different times.
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