Purchase Or Sale of Business Premises
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Buying or selling a business premises, be it a café, a high-street shop or a warehouse, will be one of the biggest decisions you will have to make as a business owner. Whether you are looking to take your business to the next level by buying a permanent premises, or you are selling commercial property in order to move on or free up capital, it can be hugely beneficial to get reliable advice from an experienced and knowledgeable Solicitor before committing to a transaction.
Our Commercial Property team have years of experience providing expert guidance to buyers and sellers of commercial property.
Purchases of Business Premises
Purchasing a business premises is a huge step for any business owner or property developer. Whether you are looking for a premises for your own business or investing with the intent to lease to other businesses, we can advise you on the many factors you will need to consider when property-hunting and preparing to buy. Things to consider during this process include:
- What enquiries to make regarding a property, and what aspects of the premises may represent cause for concern
- How to finance the purchase, and what to look for in a mortgage or bridging loan
- What to include in the purchase contract and how to exchange purchase deeds
- What to do when you have obtained title deeds and how to register a change of ownership with the appropriate authorities
In addition to practical advice on the purchasing process, our expert Commercial Property team can offer general advice on all aspects of Commercial Property Law, from how to lease your new property to other business owners to how to obtain planning permission to make changes to the structure of your new premises.
Sales of Business Premises
If you are considering selling your business premises, reliable legal advice is a must to help make your sale as simple and seamless as possible. From small business owners looking to size up to a bigger premises to experienced leasers reducing their property portfolios, we have helped facilitate countless sales of business premises. Some of the ways we can support you include:
- Contacting lenders on your behalf to check what requirements they have for the release of the property
- Advising on how best to respond to enquiries from buyers
- Helping you prepare a contract of sale and providing guidance on your rights and responsibilities as a seller
You will likely already be familiar with the conveyancing process from your experience of buying your property but selling comes with its own requirements and regulations that it is important to be aware of. From carrying out identity checks to advising you on how to complete the Commercial Property Standard Enquiries (CPSE) forms that have become industry standard in Commercial Property Conveyancing, we can provide expert guidance at all stages of the selling process.
What We Can Offer You
Our experienced team have a thorough knowledge of all aspects of Commercial Property Law. Whether you are looking to buy, lease, or sell your business premises, you can rely on us to guide you through the process every step of the way. Whether you are looking for a Solicitor to play a crucial role in the sales process by drafting contracts and handling money, or simply need some light-touch guidance and advice, our Commercial Property team are here to help.
