Commercial Landlords

types of commercial properties

Types of Commercial Property

What are the different types of commercial property? A commercial property or building an be categorised as follows: Offices Retail – retail stores, shopping centres, shops Industrial – warehouses, factories Leisure – hotels, pubs, restaurants, cafes, sport facilities Healthcare – medical centres, hospitals, nursing homes Every commercial property...

Business Rates on Empty Properties

Business Rates on Empty Properties

Business Rates on Empty Properties (for Commercial Landlords only) Non-industrial property (for e.g., high street retail shop or a restaurant) landlords do not have to pay any business rates on vacant properties for the first 3 months. They are given three months period to find a tenant or an occupier. After this most landlords may have to pay full business rates. This is a major concern for the...

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