News

Case Studies

How to avoid huge rent increases when your lease expires

Midas recently helped a company that had no security of tenure and was asked to pay a potentially crippling increase in rent.
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Leader

Welcome to the Autumn 2006 issue of
"The Midas Touch", the quarterly newsletter of the market leading business property consultancy, Midas Corporate Consulting. As some of you will already know, Midas works with companies and organisations to maximise the opportunities arising from their property portfolios in line with their business strategy and commercial objectives. More »

Viewpoint

Does Government housing policy work for businesses and families?

In this issue of The Midas Touch, managing director of Midas business property consultancy Andrew Pegg argues that a broader approach to planning
is urgently required to avert cost pressures
on businesses.
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Best Practice

Regularly reducing energy costs

As energy costs continue to rise rapidly, Midas is recommending to clients that they assess the costs of the energy they use so as to identify opportunities to reduce costs in this critical area. Midas uses three tools to help companies reduce their costs by achieving maximum energy efficiency: regular energy audits, optimising the efficiency of their plant, machinery and equipment, and constant review of the tariffs they are being charged to ensure they are paying the lowest possible tariffs.
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Ask Midas

In this section, we address some of typical questions we receive from our clients and from the press.

Lease renewals

Q. How can I ensure I have a right to renew my lease?

A. Most business occupiers have the right to request a new lease under the Landlord and Tenant Act 1954 for up to 14 years. However, to secure this right you must comply with various legal requirements and with a strict timetable once "trigger" notices are served. The new lease may be negotiated between principals or their business property surveyors representing each side or, failing this, can be fixed by the county court. More »