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ARTICLE · 15 APRIL 2013

Mixed Use Premises: Part 1

Charles Russell Speechlys LLP
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A discussion on some key issues for landlords of residential leases.

United KingdomReal Estate and Construction
Richard Flenley
Richard Flenley

It is not uncommon for pharmacies to be located within mixed use buildings where the "other" use is residential. The pharmacist is often the landlord of the residential occupiers.

Part One of this article focuses on some key issues for landlords of residential leases.

Nature of Tenancy

The landlords and tenants rights and obligations can differ according to tenancy type.

Most tenancies are assured shorthold tenancies. It is vital to carefully review proposed or current tenancies, taking professional advice where necessary, to identify the tenancy type. It is easy to get caught out.

This article assumes an assured shorthold tenancy is in place.

Deposits

Usually the tenant supplies a deposit to provide security against breaches of the tenant's obligations.

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