Category Archives: Editors Comments

WHY GET A SURVEY?

WHY GET A SURVEY? You really should think of a building survey. Morgan & Clarke recognise that in this ever complex world, both depth of specialisation and the application of the latest (time saving) technology are essential. That is why we have teamed up with a trusted firm of Chartered Building Surveyors James Slater & Co. So… Read More »

RPI & CPI UPDATE – WHO IS THE HYPOCRITE ?

Conversation opened. 1 read message.Skip to contentUsing Gmail with screen readers Search WHO IS THE HYPOCRITE ? Newsletter – RPI & CPI Morgan & Clarke Chartered Surveyors  WHO IS THE HYPOCRITE ? In recent years, allowing that rent indexation is built into leases, the debate has flowed back and forth over the choice of RPI or… Read More »

Goodwill & It’s Denial

 NEWSLETTERGoodwill & Its DenialThis one straightforward little word sticks in the craw of every single Pub Co bar none and indeed all of their hired ‘experts’… What is it ?… Goodwill of course. Before we open up this can of worms, we need a definition. We turned to the Valuation Office Agency and their standard… Read More »

Pub Owning Businesses (POB’s & MRO)

Don’t Say We Didn’t Warn You! Oh, what a tangled web we weave, well you know the rest ! An all too familiar story has been presented to us in recent months by a number of tied pub tenant clients scattered around the country all attempting to exercise their Market Rent Only (MRO) rights under… Read More »

Landlord launches legal action against hospitality tenants over unpaid rent

Landlord launches legal action against hospitality tenants over unpaid rent 01-Feb-2021 By James McAllister Burger brand Five Guys and café chain Caffe Concerto are both facing legal action over unpaid rent after one of their landlords filed respective county court claims against each operator. HTTPS://WWW.BIGHOSPITALITY.CO.UK/ARTICLE/2021/02/01/LANDLORD-CRITERION-CAPITAL-LAUNCHES-LEGAL-ACTION-AGAINST-HOSPITALITY-TENANTS-FIVE-GUYS-AND-CAFFE-CONCERTO-OVER-UNPAID-RENT-CORONAVIRUS-LOCKDOWN

RICS and FMT, Comparables Etc.

My letter to the RICS who acknowledged it and said someone would contact me, which they did not. I have for many years been involved in buying small businesses and vacant commercial property, setting them up and selling them on. I have also had a number of meetings with Inland Revenue Valuation Officers, going back… Read More »

COVID-19 Rent Valuation Allowances, Morgan & Clarke

Rent Valuation Allowances The accepted method of the calculation of rent during the continuation of the pandemic is to adopt the last known pre covid-19 accounts (generally 2019 but some early 2020) and then make an allowance for caution looking forwards. There are two very distinct schools of thought which produce very different results. METHOD A This is… Read More »

Morgan & Clarke NEWSLETTER

Pandemic Duration – The Reality The nation is now entering a critical phase in dealing with the ongoing pandemic, namely the roll out of the vaccination programme and the  continuing lockdown and eventual easing of restrictions. Vaccination has been misinterpreted by the POBs as being  a definitive be all and end all cure to all of… Read More »

Morgan & Clarke, January Newsletter

Cometh the Hour…Cometh the Loss Adjustor Wonderful news that the Supreme Court has generally found in favour of all those many tenants who in good faith insured against loss of business and whose claims were refused. The struggle has been a long and expensive battle. It was won in the lower courts but the contested… Read More »