Commercial Property/Leases
COMMERCIAL PROPERTY SOLICITORS SHEFFIELD & COMMERCIAL CONVEYANCING SHEFFIELD
Commercial conveyancing
The area of commercial real estate is a complex area of law. Commercial property ranges from office blocks and retail shops to warehouses. Whether you are a landlord or a tenant, it is vital that whenever you are embarking on a commercial property transaction you take proper legal advice as business leases are littered with potential pitfalls.
We are specialist commercial property solicitors and lawyers and act for both Landlords and Tenants. We offer commercially focused and targeted advice on all aspects of commercial property conveyancing including:-
- Freehold business premises sale/purchase/remortgage
- Drafting/negotiating/advising on transfers (assignments) of existing leases
- Drafting/negotiating short term lease/licence arrangements
- Sale of assets/shares of businesses generally which typically includes commercial property aspects
- Advice on commercial mortgages
- Extensions/renewals of existing leases
- Negotiating/advising on termination of leases (lease surrender)
- Possession proceedings
- Advice and negotiation on rent reviews
- Advising on dilapidation issues and litigation
- Service charge issues
Our experience with different types of commecial transactions
As you can see there are many different types of commercial conveyancing and commercial property issues as described above. In order for you to choose the right lawyer, it is vital that the Sheffield lawyer you choose have experience in the type of property and deal you are looking at. Our commercial property conveyancers in Sheffield are experienced with a whole range of transactions including:-
- Shop and retail leases generally
- Industrial units
- Hotels
- Restaurants
- Office leases
- Pubs
- Cafes and sandwich bars
Transactions with leases
Transactions which involve the granting or taking of leases are complex and commercially involve risk. It is therefore vital that proper legal advice is sought to make sure all your rights are protected. Experienced lawyers know all the complex areas to be concerned about and can deal with the following various issues which can cause problems in any deal:-
- Appropriate length of lease/remaining terms
- Can the lease be renewed
- Requirements for personal guarantees at the beginning or on sale of lease
- Rent reviews
- Service charges
- Repairing covenants
- Break clauses
- Rent deposits
- VAT status
- Dilapidations clauses
- Planning uses
- General pre-contract enquiries regarding the property
- Landlords consents
- General position at end of lease term