Before entering into a commercial tenancy, either as a landlord or a tenant, it’s critical that the terms of the lease are examined carefully by a solicitor with expertise in this complex area.
Some of the many factors that need to be considered include: Do the premises meet the current legal requirements for the proposed usage? Is the length of lease appropriate taking into account potential business growth? Do the premises comply with the energy efficiency regulations set out in 2015 which are due to become a legal - requirement in 2018? Is an appropriate break clause in place should your circumstances change?
At Robinsons we have a team of specialists who can advise on all aspects of commercial leases, making sure you avoid mistakes that could prove costly in the future.
Retail & Licensed Premises
If you’re considering buying, selling or renting a retail or licensed premises, our team of experienced commercial conveyancing solicitors can ensure your interests are protected. Whether this is your first venture into commercial property or you have already built a large portfolio, our expertise and extensive local knowledge will streamline the process from the initial negotiations until the transaction is completed.
Should you be about to renegotiate a commercial lease, we can advise you on the factors that should be taken into consideration for the future and where a tenant is considering making changes to the property we can look at whether a Licence for Alterations might be necessary.
We deal with all matters relating to retail and licensed premises so regardless of what your legal requirements are, we will be able to help.
Whether your issue is to do with determining rental values, rent reviews or arrears, we can help. Our specialist commercial section can advise on all matters relating to rent and our extensive local knowledge ensures the advice we give is relevant and well informed.
If you’re in the process of a rent review and are unable to reach an agreement we can offer guidance on using an alternative dispute resolution (ADR) which could prove helpful in avoiding the need for lengthy and costly litigation. Whether you’re a landlord or a tenant a meeting with one of our experienced team will guarantee you receive the advice you need.
Buy to Let Investments
Extensive experience and sound local knowledge allows our conveyancing team to offer a 'one stop shop' service for anyone considering entering the 'buy to let' market. We can advise at all stages from purchase of the property through to preparation of the tenancy agreement and this includes keeping you abreast of the latest legislation surrounding this type of investment.
For those who already hold a large portfolio we can offer sound advice on finding good tenants and drafting leases that protect your interests whilst keeping you informed of your statutory obligations as a Landlord. The 2016 Increases in the Stamp Duty Land Tax (SDLT), repair and maintenance costs, agent’s fees and costs of lease preparation are all factors that we can examine to ensure your profit margin calculations are on track.
Buying & Selling at Auction
For many the prospect of buying or selling a property at auction can seem daunting but for seasoned bidders and sellers it can be an excellent way to find a bargain or dispose of a property faster. As this is still a relatively unusual way for property to change hands, it makes sense to use a solicitor skilled in the process which can often require prompt action.
At Robinsons we have extensive experience in auction transactions and can advise on the groundwork needed prior to selling as well as the pitfalls to avoid when bidding. If you’re an experienced auction trader but need guidance on the preparation or checking of the legal pack, just get in touch and we’ll see what we can do to help.