Whether you are a landlord or a business owner, dealing with commercial property is often complex and onerous. You need to fully understand the implications of buying or leasing commercial property or you could end up owing substantial sums of money over a long period of time.
At F Barnes, our commercial property solicitors in Romford, Essex advise and assist clients across a range of sectors. We have a high level of experience and are known for the excellent level of service we provide, as well as our exceptional understanding of commercial property law.
Our commercial property expertise includes:
- Commercial Property
- Offices/ Shops/ Industrial Units
- Commercial Sales and Purchases
- Granting of Leases
- Landlord and Tenant work
- Licences to Assign
- Licences to Underlet
- Licences for Alterations
- Commercial mortgages for re-financing
- Property Acquisitions and Disposals
- Property Finances
- Leasehold Enfranchisement
- Leasehold Extensions
- New Builds
- Unregistered Land
- Estate Land Owners
- Property Management
What our commercial property solicitors offer you:
Our commercial property and commercial lease solicitors in Romford, Essex offer expert advice tailored to your needs and those of your business. We will take the time to understand your requirements and aims and ensure that any agreement you enter into will meet these needs.
Commercial property lawyer Ivan Ho has broad experience across many sectors and in a full range of property transactions, including commercial leases, underleases, options and pre-emption and overage agreements.
Contact our commercial property solicitors in Romford, Essex
You can contact our commercial lease solicitors during our office hours of 9am-5pm at your local branch in Romford, Gidea Park or Collier Row by giving us a call on:
Alternatively, contact us at any hour of the day by filling in our online enquiry form, and we will get in touch promptly. We deal with commercial property in Essex and beyond.
Our commercial property services
Whether you are a landlord, tenant, developer or investor, we can provide the commercial property advice you need to make a success of your transaction. Understanding what you need from commercial property and making sure you have the right legal foundation underpinning any agreement is crucial.
From dealing with rent reviews to negotiating dilapidations and resolving commercial property disputes, our team will ensure that you have the information and representation you need.
Offices, shops and industrial units
If you are leasing an office, shop or industrial unit, we can work with you to identify the key requirements for your operation. We know how important it is to have the right agreement in place as well as moving quickly to complete the transaction without delay.
Commercial sales and purchases
We offer expert representation in commercial conveyancing transactions, carrying out extensive due diligence to ensure that if you take on a property you will be able to use it in the way that you want.
We know that a sale or purchase is often time sensitive and we always work proactively to make sure that delays are avoided wherever possible and deadlines are met.
Granting of commercial leases
Commercial lease agreements are complex and making sure your rights and interests are protected is crucial. Our solicitors for commercial leases can negotiate on your behalf to agree on the terms and conditions you need, as well as providing advice and guidance in respect of:
- Length of lease
- Inclusion of break clauses
- Advice on any legal issues relating to the title
- Advice on the permitted use of the property in light of your requirements
- Advice in respect of security of tenure
- Whether subletting and assigning will be permitted and, if so, the process to be followed
- Who will be liable for repairs and maintenance
- How much service charges will be and whether they will be capped
- What actions will give the landlord the right to forfeit the lease
- How the lease can be terminated
- How arrears of rent will be dealt with
- How disputes will be handled
Landlord and tenant work
We act for landlords and tenants at all stages of the leasing of commercial property, including in respect of potentially contentious issues such as rent review, lease renewal and dilapidations claims.
We will provide you with robust representation and do all we can to ensure you can use your property in the way that you want. Where a disagreement has arisen, we can intervene to try and resolve matters before the situation escalates, negotiating on your behalf where necessary to find an acceptable solution.
Licences to assign or underlet
If a commercial lease allows assigning or subletting of all or part of the premises, we can draft the documentation needed and liaise with the landlord to secure their consent. We can also advise you of your rights and responsibilities to ensure that you do not inadvertently exceed your authority or fail to protect yourself.
It is crucial to ensure that a new tenant takes on the obligations that you need them to and we will make sure that the agreement they sign safeguards your position as far as possible.
Licences for alterations
If you need to make alterations to commercial premises that you are leasing, we can approach the landlord on your behalf to request a licence.
We will make sure that your request is comprehensive, providing the information that the landlord will want to see, and that the licence is clearly drafted to give you the authority and the flexibility that you need while limiting your exposure to liability. A well-drafted licence will reduce the risk of misunderstandings and disputes arising later on during the alterations process.
Commercial mortgages for re-financing
We deal with a range of commercial property financing, including commercial mortgages. We know how important it is to move quickly to secure the funding you need and we always work to meet deadlines.
Commercial property financing
We also deal with investment finance and alternative forms of funding, including peer-to-peer lending and crowd-funding, providing the full range of due diligence information needed by lenders as well as replies to enquiries.
Estate land owners
We provide advice for estate and land owners across a full range of issues, including ownership, occupation and use of land as well as related issues such as tax advice and succession planning.
Commercial property management
If you are a landlord or otherwise involved in commercial property management, we can provide advice as well as the documentation you need to effectively deal with running commercial premises.
Our commercial property solicitors’ fees
We offer excellent value for money and will ensure that you have a clear costs quote at the outset as well as updates throughout your transaction, should the estimate change for any reason.
Where possible, we will provide a fixed-fee quote so that you know exactly how much the costs will be. If you would like more in-depth information about the amount payable for a commercial property transaction, please give us a ring and we will be happy to give you an estimate.
Commercial property FAQs
What is commercial conveyancing?
The commercial conveyancing process involves transferring the legal title of commercial premises from the seller to the buyer. It involves extensive due diligence work to check issues such as whether the legal title is sound, the rights and obligations which attach to the property, any restrictions, the use class of the property, whether the property has the right planning consents and what tenancies the premises are subject to.
Having the right advice in a commercial conveyancing transaction is essential. We can work with you to establish what you want from a commercial property transaction and ensure there are no unwelcome surprises later on.
How much does commercial conveyancing cost?
The cost of a commercial conveyancing transaction will depend on the complexity of the sale or purchase as well as the value of the property. You may need additional advice in respect of tax, taking on tenancies or financing. There will also be a number of disbursements for items such as commercial search fees, Stamp Duty Land Tax and the Land Registry’s fee for registering new ownership.
If you would like an estimate of the costs involved in buying or selling a commercial property, please feel free to give us a call and we will be happy to go through your requirements and discuss the likely expenses.
What does a commercial property solicitor do?
Commercial property lease solicitors will advise you on the best course of action, taking into account what you want to achieve from a transaction. There are many pitfalls when dealing with commercial property, such as being tied to a lease you no longer want or finding out that you are liable for expensive repairs.
Commercial conveyancing solicitors will ensure that if you are buying a commercial property, you will be able to use it in the way that you want and that the legal title is sound. Enquiries will be carried out to make sure that you have as much information as possible at the outset.
If you ask us to represent you, we will make sure that you fully understand the implications of entering into a deal and that your liability is limited as far as possible.
How long does a commercial property transaction take?
A commercial property transaction can be lengthy, particularly if you or your buyer will be securing funding or a complex lease needs to be negotiated. We always work to move matters along as promptly as possible and ensure that your timescales are met. If you will be buying, selling or leasing commercial premises, we will be happy to talk through your needs and the potential time that it could take to complete.
Contact our commercial property solicitors in Romford, Essex
You can contact our commercial property and commercial lease solicitors during our office hours of 9am-5pm at your local branch in Romford, Gidea Park or Collier Row by giving us a call on:
Alternatively, contact us at any hour of the day by filling in our online enquiry form, and we will get in touch with you shortly.