Search

How can we help?

Commercial Real Estate

Development

 

Our team advises a number of developers and also companies entering into transactions which are conditional on development works being carried out. Our construction team are also on hand to guide you through the process.

Acting for the public sector and for large portfolio landowners, we frequently deal with a variety of issues arising in respect of infrastructure and utilities.

“They are knowledgeable, friendly, efficient and a pleasure to work with.” 

Chambers and Partners

FAQs- Development

Property development is the business process of either the purchase and renovation of an existing property, or the building of new property on vacant land, which can then be sold or leased for a profit.

Also known as  “claw-back”, overage refers to a sum of money that the seller will become entitled to if a certain pre-agreed conditions are fulfilled. Overage clauses are not included in every transaction, but are used in situations where the property may become worth more in the future due to an uncertain event such as the granting of a new planning permission, that increases the value of the property.

An option is a contractual right to buy, sell or lease a property at an agreed price within a specified time period. The purchaser normally pays for the option and cannot pass it on to another party.

Key contacts

Read, listen and watch our latest insights

art
  • 17 July 2024
  • Commercial Real Estate

The Leasehold and Freehold Reform Act 2024: what does it mean for my leasehold property? 

The leasehold system in the UK has been subject to some unfavourable press for some time now.

art
  • 03 June 2024
  • Commercial Real Estate

Sustainability and commercial property: green leases  

Climate change is considered by many the biggest threat we are facing today. With the UK said to have one of the oldest housing/building stocks, the focus on a building’s environmental performance and sustainability has never been more critical.

art
  • 25 April 2024
  • Commercial Real Estate

Food for thought when opening a restaurant

In this article, we provide an overview of the key considerations for restaurant entrepreneurs to keep in mind when starting their new venture.

art
  • 27 March 2024
  • Commercial Real Estate

5 key considerations when taking on a lease of a pub property

Taking on a pub property can be both exciting and daunting. Here are 5 key considerations that pub tenants should consider when taking on this new venture.

art
  • 28 February 2024
  • Commercial Real Estate

Hidden risks in serviced office agreements

This is usually a fully furnished and equipped office space that is managed by a facility management company and made available for short-term or long-term rentals to businesses, varying from one week to a year, or even longer.

art
  • 05 February 2024
  • Commercial Real Estate

What happens when a tenant serves a break notice ‘early’?

To exercise the break option, the tenant had to provide the landlord with at least six months’ notice, and in order for the notice to be valid, it must be served by special delivery or have receipt acknowledged by the landlord.

We have always been impressed with the speed and reactivity displayed by the Clarkslegal Commercial Property team and their ability to make complex situations seem more straightforward.” 

Crown Europe

“It has been an immense pleasure to work closely with this firm that takes great care of its clients. The professionals are of the highest calibre and diligence.” 

Orkhan Eyyubov, Founding Director – New Canada Capital