Commercial property solicitors here handle business property work at sustainable legal cost for all kinds of London, Bristol, Birmingham, UK-wide & international clients: leasehold (landlords & tenants) & freehold (buying & selling).
Our solicitors deal with all freehold commercial property to buy or sell, to rent leasehold, all business premises, shops, office leases, restaurants & bars, investment properties, industrial units, pub leases, nightclubs, hotels, leisure facilities, retail outlets, land for development, agricultural businesses & any other commercial property.
Commercial property lawyers at Humphreys & Co. offer high-calibre, cost-disciplined legal property work, pushing transactions through to try to achieve clients' business objectives fast, often working to tight deadlines.
Ask us for a price, and we will get you our legal costs breakdown by return.
"We just wanted to say how happy we have been with all the excellent service, advice and help we have received from your company. Both Jonathan and Neil have been extremely helpful and always happy to take our calls and respond quickly to any enquiries. The standard of service we have received from you dedicated team has been outstanding and Jonathan has worked tirelessly on our behalf, he is a star! We will have no hesitation in recommending your services in the future." Dec 2012
Business leases impose serious long-term liabilities on tenants: landlords & tenants prudently handle with care. Freehold commercial properties bought can be valuable business assets: but buyers beware!
"...Just a quick email to say how pleased I have been with your company's services. I am most grateful for all your help and will certainly use you again and recommend wherever possible."
We can assist with the following issues:
- Freehold business premises sale/purchase/remortgage
- Drafting/negotiating/advising on transfers (assignments) of existing leases
- Drafting/negotiating short term lease/licence arrangements
- Commercial property work related to the sale of a business
- Advice on commercial mortgages
- Deal negotiation and projects
- Finance and security
- Development and planning issues
- 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
We offer highly commercial, cost-disciplined business legal work UK-wide: London, Bristol, Birmingham, Manchester, Norwich, Liverpool, Derby, Plymouth, Nottingham, Canterbury, Southampton, Oxford, Swansea, Cheltenham, Cardiff, Swindon ....
Instructing specialist commercial property solicitors results in a faster transaction, often with costs savings, as the focus is on the fundamental issues and advising clients in a commercial, practical manner.
Whether you are looking to buy or sell, or are a landlord or tenant, please contact us now for an immediate itemised quotation with options and recommendations.
The current economic climate has reinforced the need for effective budgeting, which is why we offer fixed rate charges on many commercial property transactions.
Some of our key commercial property practice areas
|Landlord and tenant|
Our team can provide tailored advice to both landlords and tenants on all aspects of lease negotiation. Areas include: lease renewal and surrender, licences (assignment, alteration, subletting) and rent review. Some key issues to consider in relation to a commercial lease are outlined below:
- Length of term. In recent years there has been a growing tendency for tenants to seek shorter terms. There are a number of pros and cons for both the parties to a commercial lease in this respect and it is worthwhile seeking advice to help establish the approach most suitable for your business and position.
- Rent, rent reviews and break clauses. It is important to seek professional advice to establish the fair rent for the premises. You should also consider whether your lease should contain an ‘option to determine’, or in other words, whether the landlord and tenant should be entitled to break the lease at some point during the term.
- Obligation to repair. It is important that the tenant fully understands the extent of his obligation to repair, whether this is an internal repairing liability, a full repairing liability and/or a liability to refund a proportion of the costs incurred by the landlord in repairing a building of which the premises form a part.
- Assignment or sub-letting. When agreeing the terms for a commercial lease, the landlord and tenant should consider the arrangements for assignment or sub-letting.
- Alterations. Most landlords will wish to keep total control over the structure of the building and carefully drafted Lease should reflect this. However, a tenant should consider whether he might need to make structural alterations and may wish to include this provision in the lease. Humphreys & Co. are experienced in negotiating tenaciously from both perspectives and can advise you accordingly.
- Improvements. A Lease should state how a tenant’s improvements are to be reflected when the rent is reviewed, particularly where the tenant has carried out extensive re-fitting works.
- The authorised use of the premises. The landlord should usually ensure that the "User" provisions in a lease prevent a tenant from changing its use to one which attracts a lower rental value than the use the landlord intends. Equally, most tenants will wish to make sure that the user provisions in the lease allow him as much flexibility as is reasonable, so that if he has to assign the lease, he is not unduly limited when the premises are marketed as to the type of business which the user provisions in the lease allow to be carried on.
- Formal notices. It is important that the commercial landlord or tenant has a full understanding of the need for and the effect of the formal notices required in connection with leases. These notices cover the termination and renewal of leases, the operation of break clauses, the operation of rent review provisions in leases, and repair and dilapidation notices in particular. Failure to serve or deal with notices within the relevant time limits can result in severe consequences.
- Forfeiture of lease. Where necessary, we can assist with the repossession of a commercial property, including terminating the lease and handing control back to the landlord. We will advise you on correct procedure and ensure that the lease is forfeited through peaceful entry of the premises, changing the locks and correct display of the notices of forfeiture.
Our experience in this broad area spans overseeing building and consultancy contracts, site assembly and forward sale agreements. We can also advise on options, joint ventures, and sale and leaseback arrangements.
|Planning and environment|
We have strong planning expertise and can advise and represent on a range of planning issues from application procedure through to appeals and enforcement.
We can help with all aspects of property finance, including mortgage arrangements, equity funding and rental deposits.