Commercial Property

It could be any one of our experienced commercial property solicitors; all are equipped to deal with the full range of commercial property law issues and transactions. Larger or more complex transactions often call for a team approach. In that situation, your transaction will be led by a partner, supported by other lawyers in the team.

Our transactional commercial property work is almost always fixed fee but, for other matters - where it is less easy to predict the amount and type of work involved - we base our charges on an hourly rate.  

We will always agree with you the proposed method of charging at the outset, and we promise to never send you a bill that you are not expecting; we will tell you exactly what the amount of each bill is going to be and how it is made up. And because we keep in regular contact with each client not just on the progress of their matter but also on the level of our fees, clients are able to properly budget for these alongside the other costs of their commercial property matter.

This depends on the type of transaction and on its various elements. It also depends on the people involved; not all parties to a transaction, or their advisors, work at the same pace. 

Our commercial property solicitors are proactive. We work to deadlines. We also make sure that where something or someone is threatening to derail or unduly delay a transaction, we apply the necessary pressure to keep things on track.

Yes. Our commercial property lawyers enjoy good working relationships with banks and other lenders, with businesses, investors, property developers, and surveyors throughout the UK. One advantage of this is the spirit of cooperation that it lends to commercial property transactions. Another is the range of opportunities that we are able to offer clients as a consequence of these connections.

This depends on the terms of your lease. You should read it thoroughly to see what steps you would need to take in order to bring it to an end before it has run its course. You should have a commercial property solicitor look over the terms of your lease and help you formulate a plan of action.

Most business owners choose to rent because it does not require them to fund a purchase price. It might more easily allow them to relocate in the future, if that is what could be on the cards. However, other business owners choose to buy, in order to boost their company’s assets. Owning the freehold could also enable you to generate income by splitting the property into single units under long leases.

It is a decision to make in the very early days of your commercial property search. That said, be prepared to alter your plans if the right opportunity presents itself.

This is a process by which the rent payable on a commercial property is reassessed and perhaps changed - increased or decreased - to fit in with the existing market conditions. It typically happens every three to five years, but the lease will specify the timings.  

A landlord and tenant should try to agree the new rent, with the help of their own surveyor. If no agreement is reached, it will be for a third party to set the rent. It is a process that we often guide clients â€â€œ both landlords and tenants - through.