Property
If you have a commercial property, your business will rely upon it to trade. It may be a café, shop, pub, office or warehouse – whatever it is, it needs to be cared for. QualitySolicitors can advise on leases, laws and litigation so you can carry on doing business.
Why Us a Commercial Property Solicitor?
Commercial property transactions often involve complex legal issues that go beyond those found in residential property matters. Without proper legal guidance, businesses risk financial losses, contractual disputes, and regulatory non-compliance. A qualified commercial property solicitor can help navigate these complexities, protect your interests, and ensure smooth transactions.
Commercial conveyancing
This is the legal process involved in buying or selling property used for business purposes, for example, when a business is looking to expand its operations and buy a new office space. This contrasts with residential conveyancing, which typically involves individuals buying houses, flats or other residential properties to live in.
Commercial conveyancers offer legal advice for commercial property that is tailored to the scale and needs of your company. There are different pieces of legislation in place that govern commercial conveyancing, and a qualified commercial conveyancer will be able to guide you through them.
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Legal Support for Property Development
Property development is the process of raising the overall value of land or buildings. This could include building a new building on previously undeveloped land, demolishing and rebuilding old or potentially unsafe buildings, or adding extensions or new facilities to existing properties. However, there can be a number of legal barriers facing businesses looking to engage in property development, including the legal repercussions of planning applications, site assembly, managing any ecological and conservation risks, and more. These are all areas where a corporate real estate lawyer can help by offering you advice and practical support.
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Commercial Finance and Investments
Commercial investing involves raising money to purchase investments with a view to long-term financial security; one option for raising funds involves the use of leveraged loans secured against business assets. Solicitors who are well-versed in corporate property finance are a great option to help you secure the right financing options for your business, along with the legal consequences of taking out loans or exploring other financing options or investment products.
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Acquisition and Business Mergers
Mergers and acquisitions create a critical period for all businesses involved, calling for high-quality legal advice on both sides. Mergers are when two previously independent companies agree to merge together to create a new company. Acquisitions involve an acquiring company taking over another company, which, once successful, will be absorbed by the acquiring company's existing brand. Mergers and acquisitions create high stakes for all businesses involved, so it's important to have legal experts in your corner to help secure the right result for your business.
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Lease of Commercial Property
As most commercial properties, such as offices, typically operate on a leasehold basis, commercial property solicitors are able to assist with both the basics of commercial leasing arrangements as well as helping you tackle any issues that may arise. A commercial lease agreement is a legally-binding contract between a commercial tenant (usually a business) and a landlord (who is a business in their own right.) Leases allow the tenant to use the property for their business operations for a set period of time. Similar to a residential rental agreement, the business tenant pays rent to the landlord, with the amount set out under the terms of the lease agreement. The lease contract also outlines the legal responsibilities of both the landlord and the tenant.
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Investment in Commercial Property
Commercial real estate lawyers also specialize in legal advice for companies or investors looking to invest in commercial real estate. With risks involved in any investment, it is important to weigh up your options as the value of investments can both rise and fall. Solicitors specializing in commercial property legal advice can advise you of the legal repercussions of investing in commercial properties, helping your business make an informed decision.
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Selling and Purchasing Commercial Property
When buying or selling property used for commercial purposes, the services of corporate real estate lawyers can help guide you through the commercial conveyancing process. Many commercial conveyancers have experience representing individuals, partnerships, trusts, companies, investors, and financial institutions, so whatever your situation, you should be able to find a commercial conveyancer for your needs.
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Litigation and Disputes
Within the competitive, high-stakes nature of commercial property, disputes are relatively common. Commercial property solicitors can help advise within disputes arising from issues relating to commercial properties. These could include rent arrears and recovery, which are formal legal proceedings arising when a commercial tenant has not paid their agreed rent and when a landlord is looking to extract their unpaid rental earnings. Contentious lease renewals can be a source of commercial property disputes, arising when the commercial tenant and landlord cannot mutually agree on the terms and conditions of a new lease. Unlawful forfeiture is another area where disputes can arise in corporate property law; this occurs when a commercial tenant disputes what they see as an unlawful action by a commercial landlord to terminate their lease agreement. Alternatively, dilapidation claims are also a common area of disputes in this area, occurring when either commercial tenants or landlords look to claim damages against the other party in their lease for either damage or deterioration of a commercial building.
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Commercial Property Management
Managing a commercial property that either you own and use for your business or that you rent out to commercial clients involves adhering to a number of UK property laws along with the terms and obligations of your business lease. Commercial property lawyers are best placed to advise you in these areas, whether you are looking for advice on a commercial tenancy agreement or any other aspect of managing your commercial property.
Looking for commercial property legal advice?
QualitySolicitors helps businesses like yours. Our Commercial property team simplifies complex commercial property matters using plain English, not legal jargon. We explain likely timescales, costs, and outcomes at the start and keep in regular contact throughout.
To speak to one of our friendly, knowledgeable solicitors, give us a call on 08082747557. With our free initial assessment and same-day response promises, you can easily find out what your options are before planning your next steps.
Buying, selling, leasing or just working from a commercial property is different to a domestic one. Issues that arise are unlikely to be part of a normal conveyance. That’s why QualitySolicitors’ has specialist lawyers, lawyers that understand commercial property matters. What remains unchanged is the need to conduct the correct searches, negotiate contracts and resolve issues.
QualitySolicitors helps businesses like you. We take complex commercial property matters and make them simple. We use plain English, not legal jargon. Likely timescales, costs and outcomes are explained at the start, and we keep in regular contact throughout. And any questions you have, we make sure we deal with them promptly.
To speak to one of our friendly, knowledgeable solicitors, give us a call on 08082747557. With our free initial assessment and same day response promises, you can easily find out what your options are before planning your next steps.