Commercial Property Solicitors

Commercial property transactions can raise different issues, depending upon whether you are buying or selling.

Commercial Services
Commercial Property Transactions

Commercial property transactions can raise different issues, depending upon whether you are buying or selling.

As a seller, you will be looking to achieve the best sale price possible for your property, with the minimum of fuss. In reality, however, you may be faced with difficult enquiries, such as:

  • A request to attend to issues relating to the title to the property. The property may be subject to problematic restrictions, have the benefit of rights that are not documented or simply be unregistered and require proof of ownership through an unbroken chain of historic title deeds;
  • Queries regarding occupational tenants, where the property is let;
  • Queries relating to environmental issues, especially where a buyer’s searches have revealed potential contamination;
  • Queries regarding planning for the property or building regulations consent for buildings at the property.

Such issues need to be addressed carefully, their outcome often depending upon the bargaining power of the respective parties.

From a buyer’s point of view, due diligence will be the key; a thorough review of title, property searches and the seller’s replies to enquiries is essential. This will reveal any potentially costly issues with the property before committing to purchase. A buyer may also require bank funding and the lender will require a full investigation into the property and the resolution of any potential issues. This is why legal advice is imperative.

We can assist with this initial process, whether you are a buyer or a seller, draft and/or negotiate the contract documentation and deal with all of the mechanics of exchange and completion with a view to making your transaction as swift, understandable and as painless as possible.

Please contact the Commercial Team for more information.

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    Andrew Stockton - Head of department

    After graduating from Leeds University, Andrew trained with the firm and qualified as a solicitor in 1984. He has specialised in commercial work since 1989 building a solid reputation for advising a wide variety of clients – from small start up ventures to national organisations.