Category: Commercial Conveyancing
-
Commercial Conveyancing Solicitors and Commercial Leases
More often than not, Commercial Conveyancing can be broadly split into two categories – The sale of a commercial premise with designated planning criteria (for instance a vacant or occupied property) in its entirety, with any tenants/tenancy agreements etc intact to a new owner. Commercial Leases negotiated between the owner of a commercial premise (the…
-
Thinking of signing a new commercial lease in 2024? Don’t do it alone
Are you ready to sign on the dotted line on a new commercial lease? Don’t do it alone. Before you put pen to paper, make sure you understand all the ins and outs of your new lease. A lot can change in the next couple of years that could affect your business and your needs.…
-
MEES Regime
With cost of energy rising significantly recently, energy efficiency has become a hot topic for discussion throughout all walks of life. From switching off electrical appliances on standby to reducing the frequency and time of operating your washing machine, the recommendations and suggestions are endless. Tenants of commercial leases are no different and with the…
-
Conveyancing Issues when buying a converted building (Commercial to Residential)
Earlier this year the UK government announced planning reforms which will permit property owners to convert a wider range of commercial properties without first gaining planning permission from the local authority for a change of use. Previously, only office buildings could be converted however under the new proposals, retail and industrial properties can now be…
-
Commercial Leases: What does being ‘inside’ the 1954 Act mean for tenants?
Given the current state of the commercial property market, tenants are now increasingly eager to agree to early transactions with their landlords, just to ensure they secure occupation of their chosen commercial properties. Once tenants secure their perfect building or premises, which has no doubt taken them a significant amount of time and effort, in…
-
Tax considerations when purchasing or selling a property
Whether you are purchasing or selling residential or commercial property there are several types of Tax that may need to be paid. Since tax may not be payable until after the sale has taken place, it’s important that you know what the bill is going to be before you commit to the transaction, so you…
-
A Beginners Guide to Managing Agents
In this article we will be providing you with information on what happens if you need to employ a managing agent. If you are a residential or commercial landlord that currently deals with everything yourself but are wanting someone else to take over, then this guide is for you. As with everything, there are always…
-
Commercial Leases – Main Obligations
As the landlord or tenant of a commercial property, you will have many responsibilities to ensure that your property is a safe place for people to work. These will mainly be to do with maintenance and repairs, but the specific responsibilities of the landlord will vary depending on the terms of the lease. In addition,…
-
Which land is the right land?
When considering going down the route of building your own home, one of the biggest and first steps will be buying the land on which you are going to build! But an important consideration will be what type of land you are going to buy, there are two major categories of land in England, one…
-
Dilapidations
What are Dilapidations? Dilapidations represent exit costs for a tenant at the end of their lease. In a commercial lease, ‘dilapidations’ are damages or defects to a property which a tenant is legally obliged to put right under the terms of their lease. These costs are typically attributed to putting the property back into its…
