Buying and Selling Commercial Property
If you are buying commercial property, our specialist lawyers can provide the advice and support you require to ensure your transaction is as straightforward as possible. We act for businesses of all sizes, from a sole trader looking to move to larger premises to large companies or partnerships wanting to dispose of their property portfolio.
We can provide expert legal services to commercial property investors looking to purchase property in order to generate a rental income as part of a portfolio.
We will work with your accountants to understand your particular needs and to ensure that any commercial property sale is structured in accordance with your accountant’s advice for tax efficiency.
When selling property, we will prepare the contract for sale and help you to complete the replies to the commercial enquiries that are likely to be raised by the buyer’s legal advisors.
Furthermore, we will contact your lender in order to understand their requirements for the release of the property to be sold from any charge that they may have over it.
Our expert property lawyers provide comprehensive advice in all aspects of commercial property law, from those transactions where the land is purchased immediately to those where an option agreement or conditional contract is entered into if a transaction is to proceed at a later date.
We will prepare the Stamp Duty Land Tax return on your behalf, in accordance with your instructions and if necessary liaise with your accountant on your behalf.
Commercial Mortgage Transactions
If you are looking to finance the purchase of a business premises through a commercial mortgage, you may find that your bank or lender wants the premises to act as security as a condition of the loan.
We can act both for you and your lender in relation to commercial lending transactions. We will carry out all necessary searches and enquiries on behalf of your lender to enable funds to be released to you, and we will also deal with registration of mortgage documentation at HM Land Registry and Companies House as appropriate.