Commercial Conveyancing Solicitors
What is Commercial Conveyancing?
Commercial conveyancing is the legal process of buying, selling, leasing, or transferring ownership of property used for business purposes. This includes offices, shops, warehouses, land for development, and other commercial premises. It is often more complex than residential conveyancing and requires careful consideration of planning laws, lease terms, tax implications, and commercial strategy.
Our Commercial Conveyancing Property Legal Services
If you are acquiring or disposing of commercial real estate – whether for investment, development, or operational use – our highly experienced and approachable team can guide you smoothly through the entire process, from initial negotiations to final completion.
We provide legal support advice on:
- Freehold and leasehold acquisitions and disposals
- Acquiring property through corporate share purchase
- Sales and leaseback transactions
- Drafting and negotiating commercial leases
- Auction purchases and sales
- Contracts conditional on planning permission
- Complex transactions involving options, overage, or clawback agreements
Our Expertise in Commercial Conveyancing Property
Our highly knowledgeable and experienced commercial property lawyers advise a diverse wide range of clients, including property investors, developers, landlords, business owners, and tenants.
We take time to understand your transaction to ensure it proceeds efficiently. With our extensive experience in a wide variety of commercial property transactions, we can help you to achieve the commercial objectives.
We understand the commercial pressures and timelines often involved in these transactions, and tailor our legal advice to meet your strategic goals. Whether you are dealing with a straightforward purchase or a complex agreement involving planning conditions or future land value (overage), we have the skills and knowledge to deliver results.
If the transaction requires it, we work closely with our equally highly regarded corporate and litigation teams to ensure we can provide clients with comprehensive full-service support and assistance.
“Very professional, knowledgeable and accessible lawyers.”
Chambers and Partners
FAQs – Buying and Selling
Due diligence is necessary to ensure you know enough about the property to be able to make an informed decision on whether the transaction is an appropriate investment for your business. You do the following before entering into the transaction:
- check title documents, leases and contracts currently related to the property
- carry out inspections of the site for any defects or maintenance issues
- check financing options available to you
- commission a surveyors’ and valuers’ reports to determine the value and condition of the property
Heads of terms set out the main terms agreed between the parties. They are used towards the beginning of the transaction to indicate an agreement in principle between the parties, and outline the timescales and each parties’ obligations in the process.
However, the parties are not legally obliged to enter into a contract on those terms or at all.
Following completion, you will need to pay any Stamp Duty Land Tax owed on the transaction, if any, and register it with the Land Registry, if capable of registration, within a specified period in most instances.
As the owner of a freehold interest, you are the owner of the land and the buildings and that ownership is not limited by time. A leasehold interest is not so simple. You hold an interest that is limited to the length of the lease.
The landlord retains ultimate ownership of the property, and the lease sets out the details of the relationship between the tenant and the landlord. Many property transactions are conducted on this basis.
