10:31 AM, 27th July 2021, About 10 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?
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.
Next ArticleTenant's improvements concerns?
|“Account”||means an account required to access and/or use certain areas and features of Our Site;|
|“Cookie”||means a small text file placed on your computer or device by Our Site when you visit certain parts of Our Site and/or when you use certain features of Our Site. Details of the Cookies used by Our Site are set out in section 13, below;|
|“Cookie Law”||means the relevant parts of the Privacy and Electronic Communications (EC Directive) Regulations 2003;|
|“personal data”||means any and all data that relates to an identifiable person who can be directly or indirectly identified from that data. In this case, it means personal data that you give to Us via Our Site. This definition shall, where applicable, incorporate the definitions provided in the EU Regulation 2016/679 – the General Data Protection Regulation (“GDPR”); and|
|“We/Us/Our”||Means Property118 Ltd , a limited company registered in England under company number 10295964, whose registered address is 1st Floor, Woburn House, 84 St Benedicts Street, Norwich, NR2 4AB.|
|Name of Cookie||Purpose||Strictly Necessary|
|JSESSIONID||Used only to collect performance data, with any identifiable data obfuscated||No|
|__cfduid||This cookie is strictly necessary for Cloudflare's security features and cannot be turned off.||Yes|
|Name of Cookie||First / Third Party||Provider||Purpose|
|__utma, __utmb, __utmc, __utmt, __utmz||First||Helps to understand how their visitors engage with our website|
|_fbp||First||Helps to understand how their visitors engage with our website|