Purchase and Sales
Every commercial property transaction is unique and we understand that you need a legal service that is tailored to your particular situation. Transactions can involve a range of issues, from property finance, contract negotiations and development through to leasing and property sales.
Our extensive purchase and sale service covers negotiations, advice on title and all other issues in connection with conveyancing on the sale and purchase of commercial property. We can also help with commercial business acquisitions and sales, including licensed premises. Whether you are interested in an office, shop, industrial unit, licensed premises or any other type of commercial property, we will give you the right experience and support.
Landlord and Tenant
Commercial properties represent both a trading opportunity for tenants and an investment opportunity for landlords.
No two leases are the same and so each party involved must understand and accept their respective responsibilities and rights. Many offices, shops and other commercial property and land are held under leases of 5, 10 or 15 years’ duration or longer. Most of these leases are full repairing and insuring (“FRI”) leases where the tenant is responsible for repairing and maintaining the property throughout the period of the lease and for paying all of the landlord’s insurance costs. In many cases, the tenant is “stepping into the shoes of the property owner” and becomes responsible for the premises, in addition to the rent, rates, utilities and any service charges.
In such cases, the tenant should view the lease transaction as they would a property purchase and make sure that all of the same due diligence investigations have been carried out.
We work with each landlord client to ensure that investment value is protected, exposure and risk minimised and value realised. We act for a wide range of tenant clients to minimise your risk and cost. We ensure that matters are concluded promptly and in line with your business needs.