News & Views

For all of us, 2020 has been a unique year with many putting their lives ‘on hold’ throughout the UK’s first lockdown. During this period of self-reflection, it’s no surprise that many decided to turn their lockdown hobby, or their long-considered ideas, into a new business, as they finally had the time to make it …

It’s no surprise the COVID-19 pandemic has had a significant impact on retailers and the sector as a whole. As many retailers were forced to close during both lockdowns, they have been unable to keep up with their rental payments, and as customers continue to self-isolate and stay at home footfall has been significantly lower. …

Click to download a PDF version of this article. Temporary Suspension of Wrongful Trading until 31 May 2020: a limited breather for directors of UK companies In response to the COVID-19 crisis, the UK Government announced on 28 March 2020 that it intends to amend insolvency law to suspend the offence of wrongful trading by …

To read this article about the Coronavirus impact on landlords and tenants as a PDF, please click here.     As a consequence of the COVID-19 outbreak we are all now living in unprecedented times. Shops selling non-essential goods have been forced to close.  People have been instructed to stay at home.  So what does this …

Dry January followed by Valentines Day – Mike Lewis from the Sherrards Retail Team investigates the ramifications… The press is full of stories of astronomical Business Rates and struggling public houses – ‘Dry January’ must only exacerbate this. However, friend of Sherrards, Sean Hughes, the publican of several of the finest bars in St Albans …

Partner Mike Lewis at Sherrards explores the effect of Retail CVAs on landlords. With consumers reducing their spending on non-essential items, retailers are experiencing a tough trading environment on the high street. Many retailers are entering into Company Voluntary Arrangements (CVAs) to give them some respite. Since 2017, CVA’s have been used by large retailers …