Don't let shop lets get you down
Smith, R.
Don't let shop lets get you down - 2001 - Estates Gazette (0112) 24 March 2001, 156-157(2) .
Provides advice for surveyors on the cost and risk factors involved with residential lettings for flats located above commercial premises. Looks at the issues both landlords and tenants should consider when setting the rent for flats let above shops. Recent increases in residential values mean that in some locations the rental value of the flat could be the same, or more than, the rental value of the retail part. Considers what additional rent a commercial tenant should pay for the benefit, or in some cases liability, of the flat above their shop. Discusses how the various costs can be quantified or translated into rental, and illustrates points made through two case studies.
FLATS ABOVE SHOPS
COSTS
LEASES
RENTS
SHORT-TERM TENANCIES
RETAIL PROPERTIES
REPAIRS AND MAINTENANCE
FIXTURES AND FITTINGS
Don't let shop lets get you down - 2001 - Estates Gazette (0112) 24 March 2001, 156-157(2) .
Provides advice for surveyors on the cost and risk factors involved with residential lettings for flats located above commercial premises. Looks at the issues both landlords and tenants should consider when setting the rent for flats let above shops. Recent increases in residential values mean that in some locations the rental value of the flat could be the same, or more than, the rental value of the retail part. Considers what additional rent a commercial tenant should pay for the benefit, or in some cases liability, of the flat above their shop. Discusses how the various costs can be quantified or translated into rental, and illustrates points made through two case studies.
FLATS ABOVE SHOPS
COSTS
LEASES
RENTS
SHORT-TERM TENANCIES
RETAIL PROPERTIES
REPAIRS AND MAINTENANCE
FIXTURES AND FITTINGS