Commercial Conveyancing
We act for a variety of occupiers and investors and on an everyday basis help our clients deal with questions and issues like these..
Taking a lease? What length of term? What are the tax implications? What flexibility do you require? A break clause? Do you need to fit the premises out to suit your needs? What consents are required? Are all necessary services and easements available? What services are provided and how much do they cost?
Occupiers will often be required to enter into 10, 15 or even 21 year term leases but then outgrow the premises and need to move on, find them surplus to requirements or need to modernise and refurbish. During or at the end of the term the question of dilapidations will arise. If you are dealing with such a scenario we can clarify your legal rights and obligations, advise on requisite consents and timescales and help you to efficiently realise your project.
Buying premises to occupy or as an investment? Are the boundaries clear? Are the necessary planning consents in place? How are you financing your purchase? What rights and obligations go with the property? Are there any tenants? On what terms do they occupy? Can you get vacant possession and if so when? How much will it cost? Can you recover all maintenance and repair costs from the tenants? Will you have to pay VAT on the purchase price? Are all the shops/offices/units in the portfolio let on FRI leases and is there potential residual liability?
If you are a landlord, if you are selling your investment or you are investing in a company which has property assets then we are able to advise you from your perspective on these questions.