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Lease Assignment

  • 24-02-2010 11:46am
    #1
    SophieX
    Closed Accounts Posts: 25 ✭


    Similar to the thread entitled Purchasing Lease I'm going through a similar process to the poster on that thread.

    I was about to sign up to a lease assignment until the tenant also went into liquidation.

    Can such a lease also be obtained by the liquidator?

    There seems to be an awful lot of this type of thing going on.


Comments

  • #2
    SophieX
    Closed Accounts Posts: 25 ✭SophieX


    Anyone?


  • #3
    BennyBlanko
    Closed Accounts Posts: 179 ✭✭BennyBlanko


    Regardless of the above, I'd sign nothing until the law is changed in relation to UPWARDS only rent/leases.


  • #4
    newman10
    Registered Users, Registered Users 2 Posts: 975 ✭✭✭newman10


    BennyBlanko wrote: »
    Regardless of the above, I'd sign nothing until the law is changed in relation to UPWARDS only rent/leases.

    Do not take on any Lease assignment. Why did the Tenant go into liquidation?

    Wass it beacause of the location/footfall/rent etc.

    Try to get a new lease with a break clause and much better terms from the Landlord

    IMO get more information on the Town/Centre from Retail Excellence


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