We at Sell My Commercial Property are getting dozens of enquiries every day from property owners who want to sell their shops and other commercial properties. Many have tenants whose businesses have suffered so badly they can no longer afford to pay their landlords rent. Although leases provide a legal framework concerning certain things tenants must do, including paying rent, you cannot get blood from a stone. Many tenants cannot generate enough income to cover their rent demands and haven’t got any cash reserves. Further, they can no longer afford to remain in their high street shop premises as in addition to being unable to pay rent, they are also unable to pay rates, utility bills, insurance, staff wages and other costs associated with running their businesses. Instead of struggling and making a loss, they opt for closing down and walking away. If you are facing a situation like this, contact us today as we at Sell My Commercial Property may be able to provide a solution to your problem.
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