Commercial Property/Leases
COMMERCIAL CONVEYANCING SWINDON & COMMERCIAL PROPERTY SOLICITORS SWINDON
What is commercial property/lease law?
If you are planning on buying or leasing a property then you need to always ensure that you take good legal advice as soon as you can.
For a business undertaking any of these transactions will be one of the most expensive enterprises that your company will make. If you buy or rent the wrong type of premises this could result in, at best cash flow problems, and at worst the business ceasing to exist. This is why it is important to consult an experienced property solicitor in making sure the property is suitable for your specific business needs and that you are buying what you intend to buy.
When you have decided that you need premises to operate from Swindon solicitors can discuss with you the preferred location and consider your commercial aims and whether these can be fulfilled.
Basics of property law
Typically a first meeting with Swindon solicitors will involve analysing the nature of your business and considering the viability of your business objectives. We will weigh up the pros and cons of operating a business from a certain location, leasing or buying and the long-term and short-term effects of these decisions in light of the current and developing economic situation.
You should then have an idea of the type of property you would like to purchase and we can consider a number of these in the light of your commercial objectives and whether any laws or agreements between third parties will restrict these. The scope for using the neighbouring property may also be relevant to your situation as trespass can be committed underground and it is therefore important to seek advice on all issues relating to proposed property plans.
Once your commercial objectives have been identified we will start the transaction process.
Why us?
Swindon solicitors can assist you with any matter relating to property. We have assisted on a number of cases ranging from buying properties for sole businesses to leasing a portfolio of several large properties.
Swindon solicitors have a large and experienced team of professionals. We make sure that the transaction is dealt with in a speedy manner and professional manner. straightforward and almost enjoyable process for our clients. At Swindon solicitors we always keep your business objectives at the forefront of our mind.
If you require further information or would like to benefit from our experienced and commercially-minded team please contact us now for a free consultation. We can assist with :-
- Freehold business premises sale/purchase/remortgage
- Drafting/negotiating/advising on transfers (assignments) of existing leases
- Drafting/negotiating short term lease/licence arrangements
- Sale of assets/shares of businesses generally which typically includes commercial property aspects
- Advice on commercial mortgages
- Extensions/renewals of existing leases
- Negotiating/advising on termination of leases (lease surrender)
- Possession proceedings
- Advice and negotiation on rent reviews
- Advising on dilapidation issues and litigation
- Service charge issues
Typical lease issues
- Appropriate length of lease/remaining terms
- Can the lease be renewed
- 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