10:31 AM, 27th July 2021, About 2 months ago 6
I am drawing up a contract for a tenant who wants to rent a tiny shop. One door and one single space equating to an RV rentable value of £1,650.
An initial 6-month contract rolling (like an AST) thereafter. Tenant and LL to give a months notice if required. Electricity by meter to be billed to tenant. No gas, no water.
1. Do I need to ask her to pay towards the building insurance separately, or just class that as in with the rent? I have already stated she would be responsible for the glass windows and of course insurance of her own stock. What if the shop gets broken into, though? Do I claim off my insurance for damage done to the door (for example) and cross charge her for the excess or does she have to apply via my insurance as the tenant (so its all done between themselves?)
2. She has a guarantor for the rent and deposit (she works P/T elsewhere). What info do I need of the guarantor and is it worth even bothering with a guarantor – I understand a Landlord can just change the locks on a shop if the tenant stops paying rent (if the LTA is opted out of).
Any other advice?
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