Buying Commercial Property

Our Commercial Property team can assist you, your business or your pension scheme with the purchases of:

• Property as part of a business
• Commercial property including factories, warehouses, shops and offices
• Development land including conditional contracts and option agreements
• Investment property including property portfolios
• Agricultural land or woodland

Buying commercial property can often be complicated, but we’ll be here to support you with all aspects of the transaction:

• Liaising with agents and other solicitors in respect of Heads of Terms
• Approving the sale contract and advising you of its terms
• Checking the seller’s title to the property and advising you of any rights, easements, restrictive covenants or other matters affecting the property that might affect your decision to buy the property or its subsequent use by you
• Raising standard commercial property enquiries and other enquiries specific to the transaction
• Making the appropriate searches and enquiries including local search, water and drainage enquiries, environmental and coal mining reports
• Liaising with your accountant and/or tax adviser regarding the VAT implications of the transaction
• Corresponding with your lender, if applicable, satisfying their requirements and obtaining mortgage funds
• Liaising with your tax or Stamp Duty Land Tax (SDLT) advisers in respect of liability and preparing the SDLT return. We can put you in contact with a specialist tax adviser if needed
• Completing the purchase and registering you as the owner of the property at the Land Registry

Get in touch with a member of our dedicated team today if you would like to know more about buying commercial property and how we can support you.