Commercial Property
Darlingtons 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.
We advise a broad selection of clients from institutional landlords through to 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, practical manner. Whether you are a landlord or tenant, are based in London or the UK, please contact us now for an immediate quote and advice.
Our experience extends to, but is not limited to :
- Freehold business premises sale, purchase or remortgage
- Drafting, negotiating and advising on transfers (assignments) of existing leases
- Drafting and negotiating short term lease or licence arrangements
- Business sales which inlude commercial property aspects
- Advice on commercial mortgages
- Lease extensions and renewals of existing leases
- Negotiating and advising on termination of leases (lease surrender)
- Possession proceedings
- Advice and negotiation on rent reviews
- Advising on dilapidation issues and litigation
- Service charge disputes
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. Having said this, experienced lawyers, such as at Darlingtons know what they are looking for and have precedents and procedures in place to save time and save you money. 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 hope that this summary has been useful. 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 by completing our commercial property online enquiry form.
If you need additional guides and information on commercial property law issues, here are some additional resources on this site:
For up-to-date commercial property news please click here. For a free guide to commercial property issues, click here. You may also want to visit our commercial lease microsite.
