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Reply To: How have businesses dealt with commercial landlords who refuse to reduce rental payments, even though sales have decreased dramatically because of covid

Hi Business owners
Most landlords have at least agreed to a reduction during the lockdown period (usually 50%) or deferral in payments. The question is what is reasonable rent now at Level 3.
If you have tried to negotiate and are not getting a result it is likely time to engage a lawyer to provide you with advice, negotiate and represent you at a mediation.
The ADLS Property Committee are setting up a mediation service on a fixed fee basis but you need a lawyer to represent you at the mediation and to enter into any agreement.
I also provide a 30 minute free initial no obligation consultation on rent and lease issues if you wish to discuss your individual circumstances.