That Retail Property Guy
Welcome to That Retail Property Guy, the podcast where retail property expert Gary Marshall champions retail tenants and empowers professionals across the industry. With a career spanning decades, a dozen retailers, and millions in recovered losses for leading UK retailers, Gary shares his unparalleled knowledge to help retail tenants protect their rights, navigate leases, and maximise opportunities often overlooked by landlords, estates and accounts teams.
This podcast is your go-to resource for unlocking the mysteries of retail property. Whether you're an experienced professional, a mid-sized chain, or someone just starting in the industry, Gary’s insights will help you build confidence, avoid pitfalls, and thrive in this complex field.
Through practical advice, real-world examples, and interviews with industry leaders, That Retail Property Guy is dedicated to fostering development and knowledge-sharing for the next generation of retail property experts.
Listen weekly and discover how small insights can lead to big wins for retail tenants everywhere. Start your journey to retail property mastery today!
That Retail Property Guy
Landlord and Tenant Act 1954 - Superhero in Security of Tenure
Navigating Lease Expiry: Your Guide to the Landlord and Tenant Act 1954
In this episode of 'That Retail Property Guy,' host Gary Marshall explores the complexities of lease expiry for UK business tenants and the protections provided by the Landlord and Tenant Act 1954. Gary discusses the concept of 'security of tenure,' which allows tenants to continue occupying their premises after lease expiry and to negotiate new lease terms under the same conditions. He emphasises the importance of understanding this legislation, proper notice service, and seeking professional advice to avoid costly mistakes. This episode aims to educate and empower small and medium-sized retail tenants and their larger counterparts, helping them to leverage legal safeguards and secure favourable lease terms. Tune in to be entertained, informed, and inspired by Gary's insights and stories.
00:00 Introduction to That Retail Property Guy
00:24 Facing Lease Expiry: Challenges for Business Tenants
00:51 Understanding the Landlord and Tenant Act 1954
01:09 Security of Tenure Explained
01:41 Navigating Lease Expiry and Renewal
02:56 Legal Nuances and Seeking Professional Advice
07:35 Types of Notices Under the 54 Act
11:04 Negotiating the New Lease
12:56 Conclusion and Final Thoughts
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