Business Premises: Tenancy Agreements

Ministry of Housing, Communities and Local Government written question – answered on 6th November 2018.

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Photo of Laurence Robertson Laurence Robertson Conservative, Tewkesbury

To ask the Secretary of State for Housing, Communities and Local Government, what recent assessment he has made of the average cost of deposits required of businesses entering commercial tenancies; what assessment he has made of the effect of such costs on the viability of businesses; and if he will make a statement.

Photo of Heather Wheeler Heather Wheeler Parliamentary Under-Secretary (Housing, Communities and Local Government)

The Department does not hold the information requested, as the terms on whether, and how much, deposit will be paid by the tenants of a commercial property is agreed by the landlord and tenant on an individual basis and this information is not reported centrally.

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