Commercial Property

We advise  individuals as well as small and medium sized businesses and companies on commercial property transactions. In the present economic climate if a tenant is offered a long Lease is not always a good thing (unless the tenant has the option to ‘break’ the Lease). Also it is important to consider whether there may be unexpected liabilities – for example where shops have service charge provisions.Many landlords now offer flexible terms. We can advise on a suitable basis of negotiation and what is reasonable and what is not. We can also guide tenants who are served with Schedule of Dilapidations at the end of their Lease and after they have vacated. A Landlord cannot get a property repaired at the tenant’s expense; the measure of compensation caused by breach of repairing covenant is the financial effect this has on the value of the Landlord’s property. We can help you in your negotiations. 

Other commercial services, both for Landlord and Tenant, include:

  • Freehold sales and purchases, or granting and taking of leases, of shops, restaurants, offices and other commercial premises.
  • Renewal of leases.
  • Rent reviews.
  • Advice and negotiation on landlord and tenant matters.
  • Purchase and sale of businesses and shareholder sale agreements.
  • Advice in relation to licensing matters.
  • Preparing new Leases and associated contractual documents ( e g Rent Security Agreements, Authorised Guarantee Agreements, Statutory Declarations etc).
  • Pre auction advice.