HNF property have recently been instructed to manage a number of blocks of flats owned by Hotel Group Euro Hotels.
HNF property have recently been instructed to manage a number of blocks of flats owned by Hotel Group Euro Hotels.
Managing property can extend to involvement in a huge variety of properties and we have recently been instructed to take over the management of a very well-known car wash and café on the A23.
The café has been run successfully by the current owner for the last 25 years during which she has got up at four o’clock in the morning six days a week, finishing at two in the afternoon.
The site is partially let as a car wash on one of the most prominent sites in South London.
Both businesses are successful but while the lease on the café is straightforward, that on the car wash provides a number of challenges as the rent, demise, repairing obligations and provisions for rent review etc are all a little unusual.
We shall be looking into each of these on behalf of our client to secure their long-term pension investment.
Currently buy to let landlords can claim tax relief on monthly interest repayments at their personal level of tax which at the top level can be 45% saving a considerable amount of money on mortgage interest relief.
In a recent first tier Tribunal case, consideration has been given to whether a tenant can rely on assurances given by a residential letting agent when seeking to have their deposit returned.
