Today with Oury Clark, Commercial Property Solicitors, we uncover the legal lay of the land with COVID-19 for property professionals, including tenant and landlord perspectives, government grants, furlough, key considerations and more.
We are joined by:
Commercial Property Solicitor
Partner and Chartered Accountant
Client Engagement Director
Grants for those properties that have a rateable value of £15,000 and under
All businesses (regardless of sector) that occupy a property with a rateable value of £15,000 and under, that are in receipt of small business rates relief or rural rate relief will be eligible for a £10,000 grant.
In addition, those businesses in the retail, hospitality and leisure sectors that occupy a property with a rateable value of £15,000 and under, will also be eligible for a £10,000 grant.
We haven’t seen anything to suggest that these are mutually exclusive, so we think that those businesses in the retail, hospitality and leisure sectors that are in receipt of small business rates relief should be able to claim both grants (so a total of £20,000).
Contact Jemma Lalwani
By Phone: +44 (0) 20 7067 4300