Saturday, December 24, 2011

The problem for landlords is the double pressure of receiving no rent for their empty properties while still being liable for paying expensive business rates. Currently business rates are calculated at approximately 40% of estimated annual rental value, putting a considerable burden on landlords.

Dixons is not the only retailer with business rate only deals with landlords.

As tenants downsize, restructure or go out of business altogether, leaving empty industrial and office units for whom new tenants are hard to find, many commercial landlords are struggling. Commercial landlords still have to service their own loans as well as securing their empty premises and paying rates.

The banks are already overloaded with vacant and distressed property assets.

The confluence of pressure is leaving many commercial landlords completely boxed in, often with empty premises on their hands, unable to service mortgage liabilities, unable to pay business rates and increasingly dealing with creditor pressure such as winding up petitions.

Commercial Landlords Face Tough Business Challenges


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There are few things more frustrating than being stuck at a plateau -- whether it's a losing-weight plateau, a business-growth plateau or any other plateaus.

You're afraid people won't like you if you're too successful. Only evil capitalist pigs are successful.

So how do you know if you have a block? Well if you haven't done any self growth work, I suspect you probably have a block or 2 lurking around.

So how can you tell if you're in this camp or if your mindset is blocking you?

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