Commercial Property

Commercial Property

Whether buying, selling or leasing, leave the legal details to us.

At Wallace Robinson & Morgan, our team of experienced commercial property solicitors provides expert, practical legal advice to businesses, landlords, property owners, and investors across the UK. Whether you’re acquiring, selling, leasing, or managing commercial property, we are here to help you navigate the complexities of the property market with confidence. Our team prides themselves on their practical commercial approach, understanding the client’s individual needs and advising accordingly.

Our Commercial Property Legal Services:

1. Property Acquisition and Disposals

  • Clear, professional advice on buying or selling commercial property, including thorough due diligence, contract drafting, and negotiations.
  • We ensure compliance with UK property laws, helping you make informed decisions that align with your business goals.

2. Lease Agreements and Negotiations

  • We assist both landlords and tenants with the drafting, negotiation, and review of commercial leases, ensuring that terms such as rent reviews, break clauses, and renewal options are fair and legally enforceable.
  • Our team works to protect your business interests, whether you are entering a new lease or managing an existing one.

3. Development Projects- Land Acquisition and New Build Development

  • Legal advice for property developers, covering planning permission, the development process and streamlining sales of new build projects.
  • We assist with land acquisitions, project financing, overage agreements and option agreements to tailor to all developer’s needs.

4. Property Management and Disputes

  • Legal support for landlords and property managers on tenancy issues, property maintenance, and landlord-tenant disputes.
  • In conjunction with our Litigation team, we assist with matters such as breaches of lease, rent arrears, evictions, dilapidations, and property damage claims.

5. Business Sales and Acquisitions

  • Advice for those wishing to sell their business, whether that be through an asset sale or sale of shares in a company.
  • Guidance on the legal, financial and operational considerations of a sale or purchase.
  • Ensuring detailed due diligence when required, but also pragmatic, commercial advice to ensure the deal is done efficiently without unnecessary delays.

Why Choose Wallace Robinson & Morgan?

Our team is committed to providing clear, pragmatic, and cost-effective legal services that are right for you. Whether you are involved in a property transaction, dealing with disputes, or need ongoing legal support, we are here to guide you every step of the way. Get in touch today to find out how we can support your commercial property transaction.

Frequently Asked Questions

Find answers to common questions about commercial property and business transactions. Our FAQs provide guidance to help you navigate the process smoothly.

What does a commercial property solicitor do?

A commercial property solicitor will generally deal with anything commercial property related.

Examples of typical transactions can include sales and purchases, leases (acting for either Landlord or Tenant) and supporting documentation, remortgages, option agreements, conditional contracts and overage agreements.

Most transactions will include a review of the title, searches and replies to commercial property standard enquiries and supporting documentation.

Do you need a solicitor to sell commercial property?

The likely answer is yes.

Many prospective purchasers’ solicitors are likely to insist on the seller appointing a solicitor.

It makes it difficult for a purchaser’s solicitor to transfer money directly to a seller due to anti-money laundering regulations.

A seller must instruct a solicitor to redeem a mortgage over the property being sold.

Do commercial tenants have rights without a lease?

Potentially yes.

It depends on the terms of the existing lease and whether the tenant has the benefit of security of tenure (a right to renew the lease).

A tenant with security may be able to ‘hold over’ after the expiry of the contractual term of the lease until the tenancy is brought to an end in some way, often by the service of a landlord’s section 25 notice or a tenant’s section 26 request.

A tenant without security of tenure may be able acquire rights after the expiry of the contractual term of an excluded lease if the landlord continues to accept payment of rent as so doing could create a protected tenancy.

An occupier without documentation may also acquire similar rights, so it is inadvisable to allow a tenant into occupation without documentation or before a lease is completed.

Do I need a surveyor for a commercial lease?

It is usually best practice to instruct a surveyor on a commercial lease to ensure that Heads of Terms are agreed between parties and negotiations further down the line do not de-rail the completion of the lease or result in wasted costs.

Surveyors have an awareness of market conditions and are best placed to advise on rent and negotiate heads of terms prior to the grant of a lease.

Surveyors can also assist with rent reviews, preparing schedules of condition and schedules of dilapidations.

Can a landlord refuse to renew a commercial lease?

It is possible for a landlord to refuse to renew a commercial lease, but this is influenced by whether the existing lease gives the tenant security of tenure. The security of tenure provisions detailed in the Landlord and Tenant Act 1954 provide the circumstances in which a landlord can refuse to renew a commercial lease. If, however, the lease is contracted out of the Landlord and Tenant Act then it is much easier for a landlord to refuse to renew the lease.

The law surrounding this is complex and should you have any questions, please contact a member of our Commercial Property Department who will be happy to help.

Our Dedicated Commercial Property Team

Book an appointment with our experienced commercial solicitors, who will understand your needs and provide tailored advice for your business matters.

Call us at 0121 705 7571 or fill out our contact form below. Your privacy is guaranteed, and we’ll arrange a convenient time to discuss your needs.

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