Modernising Retail Leases: Operational, Legal and Environmental Considerations

In this episode of 'That Retail Property Guy,' host Gary Marshall discusses the changes in lease agreements over the past 25 years, including requirements for new clauses covering pandemics and environmental impact (so-called green leases). It emphasises the importance of careful negotiation and professional advice for tenants to navigate modern legal and environmental obligations, while recognising the 'like-for-like' assumptions of the 1954 Landlord & Tenant Act, and discussing where the boundary lies between lease-contract obligations and evolving legislative standards such as Energy Performance Certificates (EPCs) and Packaging responsibilities.

00:00 Introduction to Lease Modernisation

00:49 Pandemic Clauses and Lease Negotiations

01:39 Modernization and Legal Considerations

08:30 Environmental Impact and Green Leases

13:12 Sustainability snd Future-Proofing Leases

17:38 Conclusion and Final Advice

Packaging rules:

https://www.gov.uk/guidance/extended-producer-responsibility-for-packaging-who-is-affected-and-what-to-do

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