Commercial Property

London Commercial property solicitors and lawyers are well known and established in providing a wide range of advice to clients in London, throughout the UK and abroad relating to a full range of commercial property issues. Our commercial property lawyers and solicitors act for institutional Landlords but also for many tenants of all types, and our experience in commercial property is wide ranging and deep. Instructing specialist commercial property solicitors and lawyers results in a faster transaction, often with costs savings, as the focus is on the fundamental issues and advising clients in a commercial and practical manner. Whether you are a landlord or tenant, are based in London, the UK or abroad please contact us now for an immediate quote and advice.

Our experience extends to, but is not limited to:

• Freehold business premises sale/purchase/remortgage
• Drafting/negotiating/advising on transfers (assignments) of existing leases
• Drafting/negotiating short term lease/licence arrangements
• Sale of assets/shares of businesses generally which typically includes commercial property aspects
• Advice on commercial mortgages
• Extensions/renewals of existing leases
• Negotiating/advising on termination of leases (lease surrender)
• Possession proceedings
• Advice and negotiation on rent reviews
• Advising on dilapidation issues and litigation
• Service charge issues

Our experience with different types of premises

Bearing in mind there are many different types of commercial property issues as described above, in order to choose the right lawyer, it is generally important to know that the lawyer you choose has experience with the type of premises you are dealing with. An experienced commercial property specialist will generally save you time and legal costs due to streamlining. Our commercial property solicitors deal with many types of transactions, including but not limited to:-

• Shop and retail leases
• Restaurants
• Pubs
• Industrial units
• Office leases
• Hotels
• Cafes and sandwich bars

Transactions with leases

As a general rule, any transaction involving a lease is more complicated and potentially legally risky, and consequently, good and thorough advice tends to cost more than for freehold conveyancing. This is an area where “cheap can cost you dear”, as it is critical that any lawyer you instruct drafts/negotiates/reads the lease properly, and advises you thoroughly and in plain English.

The types of issues which can cause problems in the short, medium or long term, on commercial leases include but are not limited to :

• Appropriate length of lease/remaining terms
• Can the lease be renewed on expiry
• Requirements for personal guarantees at the beginning or on sale of lease
• Rent reviews
• Break clauses
• Repairing covenants
• Rent deposits
• Service charges
• VAT status
• Planning uses
• Dilapidations clauses
• Landlords consents
• General position at end of lease term
• General pre-contract enquiries regarding the property

We would be delighted to act for you on any commercial property matter and can provide you with a fixed fee quote immediately. Please contact us now either by telephone or email.