Commercial Conveyancing

Buying or selling a commercial property requires additional due diligence. We regularly act for businesses owners and investors across the retail, leisure, industrial, and office sectors.

Our team can help you through the complex process of commercial conveyancing that is involved in buying and selling commercial property.

Free Initial Discussion

For a free initial discussion and a no-obligation quote, get in touch with us today by simply calling us on 020 3383 0173 or email us at enquiries@fcos.co.uk and a member of our team will get back to you.

Areas of Advice

We have worked on a wide range of commercial property transactions for businesses, institutions, and individuals. Areas we can advise on include:

  • Advice on buying and selling
  • Commercial property disputes
  • Development
  • Lease assignments, variations, and renewals
  • Overage and clawback provisions
  • Planning matters
  • Plot sales
  • Site acquisition

We have experience with a range of property sizes, from first time buyers to portfolio landlords.

Commercial Conveyancing Process

The general process of commercial conveyancing remains the same as residential conveyancing, which includes:

  • Finding a property and making an offer
  • Due diligence
  • Exchanging contracts
  • Finalising / Competition

Due Diligence

This is the part of the process where there may be an investigation into certain details about the property.

Along with structural issues, you should also think about the location of the property and whether it serves your business needs, alongside any business rates you may need to pay.

If you are looking to rent the property, you should workout the potential yield alongside looking at communal areas and the cost of maintenance and security.

You will then need to think about leases and how quickly you feel you would be able to rent out the property. If you are going to occupy the property yourself, you should check if you are able to make any alterations to suit your requirements.

Our team will help you find out more about the property so that you are fully aware of what you intending to buy.

Exchanging Contracts

Once the due diligence checks have been completed and any terms have been negotiated and agreed on, it will be time for the buyer to pay the deposit.

Finalising

Once both parties have exchanged contracts, a completion date will be set when which the balance needs to be transferred. By this date, the seller will need to move out and the keys will be handed over to the new owners.

We can help work out the stamp duty and associated taxes that you will also need to pay.

Some commercial properties will also require a valid Energy Performance Certificate (EPC). This certificate provides information about the energy efficiency of the property and how it may be improved. This will be a mandatory requirement when buying or selling.

Investments

Business owners may also decide to buy commercial property as an investment, potentially through a pension. There are additional considerations that should be considered when investing in property. We often work with other experts who can help provide a thorough assessment on the value of buying a certain property.

Why Choose us

Using our wide range of legal knowledge and expertise, we have helped clients across all aspects of buying and selling commercial property. Our approach is to be proactive and work with you to achieve your objectives and deliver successful outcomes as efficiently and promptly as possible.

We can clearly explain the range of legal options available and guide you towards the option which would be best suited for your specific circumstances.

How to Get in Contact

For a free initial discussion and a no-obligation quote, get in touch with us today by simply calling us on 020 3383 0173 or email us at enquiries@fcos.co.uk and a member of our team will get back to you.

 

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