When it comes to buying or selling commercial properties such as offices, retail spaces, industrial units, licensed venues, care homes, or medical facilities, having the right support is essential to transform a proposal or preliminary agreement into a finalized deal.
The process of buying or selling commercial real estate differs significantly from residential transactions, and our dedicated Commercial Real Estate team is here to help you navigate any complexities that may arise.
Transaction Challenges
Every commercial property transaction presents unique challenges, but we will address some of the common issues you may encounter.
Our Expertise
Our Commercial Real Estate team possesses extensive experience in handling the sale and purchase of various property types, ranging from shopping centers to residential portfolios, and from contaminated land to specialized industrial facilities. Each transaction has its own set of challenges, and we will collaborate closely with you to ensure these are resolved efficiently and effectively.
For buyers, we often coordinate with banks, building societies, or their representatives to secure funding for loans or charges in a timely manner, facilitating a smooth purchasing process. We will conduct a thorough examination of the title deeds and provide you with a detailed report on the title conditions, emphasizing any factors that could impact your intended use or redevelopment plans.
Additionally, we can offer guidance on land and buildings transaction tax liabilities, as well as the implications of VAT, Capital Gains Tax, and Inheritance Tax related to the transaction.
If you are selling, our commercial property solicitors will inform you about the requirements of potential buyers and strive to ensure that the sale progresses as smoothly and swiftly as possible.