Prior to the coronavirus pandemic, tenants under a commercial lease could be evicted for non-payment of rent on as little as 14 days’ notice using irritancy provisions. In an effort to assist commercial tenants, the Scottish Government extended that notice period from 14 days to 14 weeks. The extension was originally due to stay in place until 30 September 2020, but was extended to 31 March 2021.
The Scottish Parliament has now published draft regulations seeking to further extend the expiry date to 30 September 2021. The regulations still require to be approved by the Scottish Parliament, but it seems likely that will happen soon.
While this extension will no doubt be welcomed by commercial tenants, their landlords may well be finding it increasingly difficult to manage if their rental income is affected.
How can we help?
It is a difficult time for many commercial tenants and landlords at the moment. There are still some steps that landlords can take to try to protect their position. Please do get in touch with our team if you are looking for advice in relation to your particular circumstances.