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Welcome to Week 3 of SherBiz News for July 2024, where Shergroup continues delivering real results without the tricks — just unwavering confidence in commercial property enforcement excellence. This edition focuses specifically on the challenges faced by commercial landlords dealing with unpaid rent and the powerful legal remedies available through Commercial Rent Arrears Recovery (CRAR) and lease forfeiture.

Are you frustrated by unpaid commercial rent threatening your property investment and cash flow? This week’s SherBiz News is specifically designed to help landlords navigate these challenging situations with confidence and legal certainty. We explore how property owners can leverage CRAR and lease forfeiture procedures to protect their assets and secure the rental income they’re rightfully owed. Shergroup’s expert approach ensures you understand every step of these statutory processes, eliminating confusion and maximising your recovery prospects.

Our comprehensive coverage this week includes detailed insights into Commercial Rent Arrears Recovery, explaining the step-by-step enforcement process from serving the statutory notice through to seizing and auctioning tenant goods if necessary. Understanding the legal requirements is essential for successful CRAR enforcement, and our certified enforcement agents bring years of expertise to guide landlords through this specialised procedure efficiently and compliantly.

We’re also delighted to share another five-star review, this time from Easily Let, who praised our High Court enforcement service and specifically highlighted Donna’s exceptional performance on their eviction cases. This testimonial reflects our commitment to exceeding client expectations and delivering tangible results in even the most challenging property enforcement situations. When you choose Shergroup, you’re selecting a team dedicated to professional excellence and client success.

Featured in this edition is our latest “Shergroup on the Sofa” interview with Julian Steed, a Principal Associate at Mills & Reeve. In this valuable conversation, Claire Sandbrook and Julian discuss his journey as a solicitor and expert in real estate law. With 60 years of combined experience between them, they explore the evolving landscape of real estate law, providing invaluable insights for our business community. If you’d like to feature your brand on our show, contact us at [email protected] for more details.

This newsletter also addresses the critical question of whether lease forfeiture represents your best move when tenants breach their obligations. We examine both peaceable re-entry and court proceedings, explaining the legal nuances, procedural requirements, and tenant relief options that landlords must understand. From understanding forfeiture grounds to navigating waiver issues and statutory protections, our comprehensive guide ensures you can handle lease breaches effectively whilst keeping your property secure.

Don’t miss our behind-the-scenes look at “Call the Bailiffs: Time to Pay Up” Season 1, Episode 4, where our High Court enforcement team demonstrates their expertise in executing writs and CCJ enforcement. This authentic content showcases the determination and professionalism that makes Shergroup the trusted choice for debt recovery and property enforcement across the UK.

To support commercial landlords further, we’ve created a dedicated e-book titled “Protect Your Property, Recover Your Rent: Your Guide to CRAR,” available for free download. This comprehensive resource provides landlords with essential knowledge about commercial rent recovery procedures, helping you make informed decisions about enforcement action.

As a Global Business Consultant, Shergroup offers comprehensive solutions through our business solutions superstore, Solution Finder. Whether you need CRAR enforcement, lease forfeiture support, CCJ transfer services, mediation, or our NO COLLECT NO FEE B2B service, we’ve structured our offerings to deliver maximum value with minimal risk. Our integrated platform connects businesses worldwide with expert solutions for every commercial challenge, from property disputes to debt recovery.

With only 88 days remaining until the World Credit Congress on 14-16 October 2024 at Margaritaville Resort, Orlando, now is the perfect time to secure your place at this premier industry event. Bronze sponsorships remain available for just $1,000, including complimentary delegate tickets and Global Credit Awards access.

Don’t let unpaid commercial rent threaten your property investment. Contact Shergroup’s friendly advisors today on 020 3588 4240, email [email protected], or visit www.shergroup.com to discover how our certified enforcement agents can help you recover what you’re owed and protect your commercial property interests.

FAQs

What is Commercial Rent Arrears Recovery (CRAR) and how does it work?

Commercial Rent Arrears Recovery (CRAR) is a statutory procedure allowing commercial landlords to recover unpaid rent by seizing and selling a tenant’s goods. The process requires at least 7 days’ arrears of pure rent (excluding VAT, insurance, or service charges) and involves serving a Notice of Enforcement, allowing 7 clear days before enforcement action. Shergroup’s certified enforcement agents handle the entire CRAR process professionally, from serving notices through to seizing goods and arranging controlled goods agreements or auctions. This powerful remedy provides landlords with an effective alternative to court proceedings. Contact Shergroup on 020 3588 4240 to discuss your commercial rent arrears.

When can a landlord use lease forfeiture to recover their property?

Lease forfeiture allows landlords to terminate a tenancy and recover possession when tenants breach lease covenants, most commonly through non-payment of rent. Landlords can pursue forfeiture through peaceable re-entry (physically retaking possession when premises are unoccupied) or court proceedings. For rent arrears, landlords must serve a Section 146 notice giving tenants reasonable time to remedy the breach unless the lease contains a forfeiture clause. Important restrictions apply to residential premises, and landlords must avoid waiving their right to forfeit by accepting rent after becoming aware of the breach. Shergroup’s property enforcement experts guide landlords through this complex process. Email [email protected] for specialist advice on lease forfeiture.

What’s the difference between CRAR and lease forfeiture?

CRAR (Commercial Rent Arrears Recovery) and lease forfeiture serve different purposes in commercial property enforcement. CRAR is specifically designed to recover unpaid rent by seizing and selling tenant goods whilst the tenancy continues. It’s a swift, statutory procedure requiring minimum formalities but only applies to pure rent arrears. Lease forfeiture, conversely, terminates the entire tenancy and recovers possession of the property due to lease breaches (including but not limited to rent arrears). Forfeiture is more drastic, potentially requiring court proceedings, and ends the landlord-tenant relationship. Landlords often use CRAR first for rent recovery, reserving forfeiture for persistent breaches or when they want to re-let the property. Shergroup’s enforcement specialists help landlords choose the most appropriate remedy. Visit www.shergroup.com to explore your options.

How quickly can Shergroup help me recover unpaid commercial rent?

Shergroup’s certified enforcement agents can initiate CRAR action quickly once eligibility criteria are met. After instructing Shergroup, we serve the statutory Notice of Enforcement, providing the tenant with 7 clear days to pay the arrears before enforcement action commences. If payment isn’t received, our agents can attend the premises to seize goods or negotiate a controlled goods agreement. Many cases resolve at the notice stage when tenants realise enforcement action is imminent. For lease forfeiture matters, timelines vary depending on whether peaceable re-entry is possible or court proceedings are necessary. Our experienced team provides realistic timescales during your initial consultation and works efficiently throughout the process. Download our free CRAR e-book from www.shergroup.com or call 020 3588 4240 for immediate assistance with your commercial rent arrears.

What other property enforcement services does Shergroup offer through Solution Finder?

Shergroup’s Solution Finder business superstore offers comprehensive property enforcement services beyond CRAR and lease forfeiture. Our services include High Court Writ enforcement, residential and commercial evictions, possession order enforcement, Writ of Possession execution, personal service of notices, property dispute mediation, CCJ enforcement, and specialist debt recovery for landlords. As a Global Business Consultant, Shergroup provides integrated solutions addressing all aspects of commercial property management and enforcement. Our NO COLLECT NO FEE B2B service minimises risk for landlords whilst our certified enforcement agents bring decades of combined expertise to every case. Whether you’re dealing with tenant disputes, rent arrears, or property possession issues, Solution Finder connects you with expert solutions tailored to your specific circumstances. Contact [email protected] to discuss your property enforcement requirements.

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