Commercial Leases and Purchasing Commerical Property
We represent small businesses in commercial lease transactions and in other transactions involving commercial property and pride ourselves on:
- our thorough and detailed approach to negotiating and assessing commercial leases and property transactions,
- our commitment to ensuring that the interests of our clients are protected and advanced,
- our strong technical legal skills in the area of commercial leases and commercial property,
- our commercial mindset where we put ourselves in the shoes of our clients, and
- our commitment to providing a genuinely personal service.
We are frequently instructed by local businesses that want a personal service that is tailored to their particular needs.
Our clients know that they will be able to pick up a telephone and speak directly to their personal solicitor who will "go the extra mile" for them.
Commercial leases and other commerical property transactions are frequently complex and it is important that you have a solicitor who takes the time to properly investigate all relevant aspects. Having the right solicitor on board is one of the most effective things you can do to avoid mistakes that could ultimately be extremely costly.
Our commercial lease and commercial property experience in Kingston, Surrey and South West London includes:
• Commercial leases and purchasing leases for restaurants
• Leases for pubs
• Industrial unit leases
• Office leases
• Shops, cafes and retail commercial leases
• Purchasing leaseholds and freeholds.
In addition to our legal skills, clients are able to benefit from our strong roots and connections in Kingston, Surrey and the surrounding area.
Every commercial lease or other commercial property transaction needs to be looked at in detail to assess its full implications – there are no shortcuts, and there is no substitute for a skilled solicitor who understands the pitfalls and risks faced by both Lessors/Landlords and Lessees/Tenants
Examples of matters your solicitor may need to advise on when considering a commercial lease are:
-the duration of the lease
-rent review terms under the commercial lease
-restrictions on assignment and sub-leases
-limitations on how the property can be used
-break clauses in the commercial lease
-repair and maintenance obligations
-restrictions on alterations and notice periods
-indemnities and responsibility to pay professional fees
-application of the Landlord and Tenant Act and other statutory provisions that may have an impact on the commercial lease
-VAT and stamp duty obligations
-Commercial Property Insurance
-Service Charge under the commercial lease
-Complexities that arise where there is more than one superior leaseholder
If you would like to find out more about our legal services in the area of commercial leases or commercial property transactions generally, please call us on 020 8541 1181 or email us at mail@sheridanlaw.co.uk