COMMERCIAL tennants in Pendle are being offered a three month rental payment holiday by the council to help ease the pressure during the coronavirus outbreak.
Councillor Mohammed Iqbal, Leader of Pendle Council, said: “We’re aware that many businesses may be waiting for grant and support payments from the Government and could be experiencing cash flow problems.
“So we’re offering tenants who rent our commercial properties the option to have a three month payment holiday. We will require that the three month suspended rent be paid to us by March 31 2021.”
The Council’s commercial properties include shops on Market Street in Colne, offices in Nelson, as well as units in Whitewalls Industrial Estate, Kirby Road Industrial Estate and Clayton Street Industrial Estate. The Council will be placing a temporary stop on all Direct Debits and tenants should temporarily cancel Standing Orders relating to any rent due from March 30 2020.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here