P
PDCAT
Guest
Hi Guys
Basically a situation has arose with my Wife's business which she is unsure about.
She Bought Beauty Salon Business in February of this year. It is only a leasehold interest. She still has to be Rent and Rates on the Building.
Her Solictor drew up a Contract that stated she now owned the business and everyone signed the seller and my wife.
During a recent discussion on Rent Review, the Solictor for the Landlord stated that My Wife had no consent from them to take over the lease. They are still owned about 7k in Debt from previous owner and despite lots of letters to previous owners solicitor, they are getting no luck. They now seem to be saying that because the previous owner had not paid debt she owed, they had not consented to my wife taking over the lease.
From my wife's point of view, is that they were aware of the purchase, the accepted Rent for last 10 Months, have looked for an increase in Rent due for Review which is fair enough and have accepted payments from my wife for Building Insurance and Rates which were not cheap. I have tried contacting the Previous owner before and have no joy. (not answering phone).
My Wife's solictor is no help. She won't give a straight answer. I'm not aware if she slipped up at the start when my wife was purchasing business. She is giving little away.
From talking to an Auctioneer friend and other business owners, they are saying that my Wife should be ok as they have accepted Rent and Rates and Insurance for past 10 Months and is on the Purchase contract that all outstanding debts were to be paid by Previous Owner.
Since this has not happened, Landord solictor is saying that he never consented to lease.
It has to be said the landlord himself has often spoken to her and never mentioned this. He knows that it will be very hard to get someone to take over the Lease if my Wifes leaves.
Can anyone shed some light on where we stand. Great to hear from someone with some knowledge of Business or Law.
Thnks
Basically a situation has arose with my Wife's business which she is unsure about.
She Bought Beauty Salon Business in February of this year. It is only a leasehold interest. She still has to be Rent and Rates on the Building.
Her Solictor drew up a Contract that stated she now owned the business and everyone signed the seller and my wife.
During a recent discussion on Rent Review, the Solictor for the Landlord stated that My Wife had no consent from them to take over the lease. They are still owned about 7k in Debt from previous owner and despite lots of letters to previous owners solicitor, they are getting no luck. They now seem to be saying that because the previous owner had not paid debt she owed, they had not consented to my wife taking over the lease.
From my wife's point of view, is that they were aware of the purchase, the accepted Rent for last 10 Months, have looked for an increase in Rent due for Review which is fair enough and have accepted payments from my wife for Building Insurance and Rates which were not cheap. I have tried contacting the Previous owner before and have no joy. (not answering phone).
My Wife's solictor is no help. She won't give a straight answer. I'm not aware if she slipped up at the start when my wife was purchasing business. She is giving little away.
From talking to an Auctioneer friend and other business owners, they are saying that my Wife should be ok as they have accepted Rent and Rates and Insurance for past 10 Months and is on the Purchase contract that all outstanding debts were to be paid by Previous Owner.
Since this has not happened, Landord solictor is saying that he never consented to lease.
It has to be said the landlord himself has often spoken to her and never mentioned this. He knows that it will be very hard to get someone to take over the Lease if my Wifes leaves.
Can anyone shed some light on where we stand. Great to hear from someone with some knowledge of Business or Law.
Thnks