Extensive experience and a wide range of specialisations have positioned Freemans to have a very well respected team of commercial property solicitors.
We have been taking care of the individual needs of developers, investors and lenders for many years, providing tailored guidance through the legal complexities of building and land acquisitions and disposals. We also work closely with landlords, navigating through the typical regulatory obstacles that arise and safeguarding their interests, as well as working alongside businesses of all sizes and at all stages of their commercial journeys, providing guidance through every aspect of selling, buying or letting premises.
Our Commercial Property Services
Exceptional legal skill and knowledge is offered by our team of commercial property law specialists who work closely with experts from other areas of the firm to deliver a holistic service.
The world of business is multifaceted and our clients particularly appreciate the fact they are able to receive top-level guidance through every aspect of their issues. From property dispute resolution to the drafting of commercial lease agreements; licensing and regulatory to employment advice, you can consider all your commercial legal needs covered courtesy of Freemans Solicitors.
Our commercial property law services cover the following areas:
Our commercial property lawyers have specific experience across the entire spectrum of legal and planning issues relating to property developers. With the commercial knowledge andproven ability to approach disposals in a proactive fashion, our skilled and highly innovative specialists are focused on reducing risk and devising strategies that meet the ultimate objectives of all the parties involved.
Re-Mortgages and Property Financing
Whether you wish to make bottom line savings by obtaining a more favourable mortgage rate; are looking to release additional funds from the equity in your commercial premises to support expansion, or are considering your options for financing a property purchase, obtaining tailored legal guidance with commercial understanding is essential. This is precisely what you will receive from the commercial property experts at Freemans Solicitors.
We act for both commercial landlords and tenants in all aspects of business tenancy law. We place our core focus upon devising practical and workable solutions to the issues that arise in dealing with lease renewals; terminations; new tenancy applications; granting of new leases and licences; landlord oppositions; rent arrears recoveries; possession proceedings; rent reviews; assignments and sublettings; tenancy agreement breaches; commercial lease agreements and lease extensions; unlawful evictions and planning issues.
The commercial property lawyers at Freemans Solicitors offer sophisticated expertise across all aspects of corporate acquisitions, ranging from highly complex takeover transactions through to smaller private deals, joint ventures, management buyouts and share buybacks. Respected for our top-level knowledge in this area, we offer the added advantage of being able to combine our specialist capabilities with those of our in-house colleagues in related disciplines such as employment, dispute resolution and litigation.
Leasehold and General Property Disputes
Our commercial lease solicitors work closely with experts from our dispute resolution team to resolve highly complex issues based around leasehold matters. These include disrepair; forfeiture of leases; lease renewals and extensions; and service charge disputes disputes. Whilst our key aim is to resolve disputes via cost-effective and amicable means, such as mediation, we also have an enviable reputation in representing claimants and defendants at all levels of court.
Commercial Property Frequently Asked Questions
Can I extend my commercial lease?
Many commercial leases of six months or more enjoy security of tenure due to the Landlord and Tenant Act 1954. This means that when the lease period expires, the tenant is automatically entitled to a further lease, providing certain steps are followed. Landlords can, however, oppose a lease renewal under the 1954 Act, although the grounds for doing so are limited.
If your commercial lease does not include security of tenure under the 1954 Act, you will need to negotiate an extension or renewal of your lease with your landlord.
Do I need to take legal advice when renting a commercial property?
When you enter into a rental agreement with a commercial landlord, you take on a set of responsibilities and rights relating to the premises. Unless you have total clarity on these, you could find yourself in a precarious situation in the future. For example, you may not realise that you are liable for repairs, or that you have signed yourself into an agreement that provides little or no flexibility should your situation change. It is always advisable to have your documentation thoroughly checked by specialist commercial lease solicitors who will be able to identify any flaws in your agreement and help you negotiate more favourable terms.
What should we budget for when buying commercial premises?
Aside from your legal fees for commercial property conveyancing, you will need to allow for Stamp Duty Land Tax; Land Registry fees and fees for any surveyor you engage to report on the condition of the building.
My company is purchasing a commercial property with existing tenants in place. Can we change the terms of their leases?
It is not easy or straightforward to alter the terms of existing leases; however you may be able to negotiate changes with the tenants directly. Bear in mind though that tenants are unlikely to agree to any changes that are not to their advantage. Therefore, if it is important to you then you should consider offering them something beneficial in return for their agreement. A commercial property law expert will be able to assist you through such negotiations.
Can I make changes to the commercial property I am leasing?
It is usually the case that most commercial leases include restrictions on what, if any, alterations can be made to a property by the tenant. Whilst minor internal alterations may be permitted, it is rare for leases to allow anything of a structural nature or changes the exterior of the building without prior consent from the landlord. If you are unsure as to what is and is not allowed under the terms of your lease, commercial lease solicitors will be able to advise you.
Freemans: Commercial Property Solicitors
From commercial conveyancing through to highly specialised advice on corporate acquisitions, financing, commercial lease agreements and property disputes, you can rely on Freemans Solicitors for the top-level advice you need at every stage of your transaction.
To learn more about how our commercial property solicitors are able to assist you, please get in touch. If you would like to make an enquiry, please contact our specialist commercial property lawyers by using the contact form or calling on 0207 935 3522.