COMMERCIAL PROPERTY SOLICITORS IN READING & HENLEY
We are experienced in dealing with a wide range of property and land types including freehold, leasehold, industrial units, retail premises and land for development.
We carry out work ranging from assisting new businesses taking on their first premises, acting for clients who own a portfolio of properties, as well as disposing and acquiring properties and land for sizable developments.
Our team maintains a strong reputation for a flexible and constructive approach, enabling us to tailor our service to your unique requirements and objectives. We work to ensure that your commercial property transactions go ahead smoothly, quickly and cost-effectively, foreseeing potential problems and taking proactive steps to prevent them from derailing your deals. Where issues do arise, we offer fast, effective solutions to get things back on track as swiftly as possible.
Acquiring or disposing of commercial property
We act for businesses of all sizes, from sole traders looking to move to larger premises to large companies or investors wanting to expand or dispose of their property portfolio, with vacant possession or subject to occupational leases.
We understand the commercial imperative that lies behind the need for professional legal support in commercial property sales or acquisitions, and we keep the business objectives in front of mind so that our legal advice is credible, cost-effective and practical in their marketplace.
We are experienced with the legal issues revolving around raising real estate finance and understand the requirements of lenders and the form of security they require. We identify practical commercial solutions to issues that come up along the way and guide you through the process within the timescales required.
Recent commercial property acquisitions and disposals include:
The best legal advice is normally given ahead of an issue, rather than in response to it, and we make sure we are up to speed with all legal developments and understand their potential impact on our client’s commercial property deals so they can be prepared and plan accordingly. Contact Frances Watts to see how we can help with your business premises sale or acquisition.
Whatever the scope of your land development project, our commercial property team can ensure it is delivered on time and on budget. We collaborate with our clients to offer an end-to-end commercial property service that enhances land values and creates achievable developments. We will always provide clarity when it comes to our pricing structures. For more information on how we could help your land development project at each stage of the process, please contact Frances Watts.
Our Commercial Property team advises borrowers and lenders on all aspects relating to loan transactions where the primary security is property. We provide secured leading advice for property transactions not only with traditional institutional lenders like banks and building societies but also alternative sources of finance from venture capitalists, trusts and private lenders.
Types of Secured Lending
We have advised on many types of property loan and credit facility agreements including:
If you are borrowing money, we can guide you through the process whilst ensuring that the lenders requirements are fully satisfied. We will check the strict requirements of loan documents and make amendments to minimise the risks to you.
We also act on behalf of lenders, advising on the types of security they should consider and helping with negotiation and legal documentation.We can advise on all aspects of secured finance in property transactions including:
With many years’ experience and expertise in secured lending we can help you minimise any risks. We can guide you safely and securely through your commercial property transaction whilst providing pragmatic advice and understanding the commercial nature of finance deals. We appreciate that lending is often critical to the successful completion of a property deal and are able to work to tight deadlines and time constraints. For more information please contact Frances Watts.
Landlord & Tenant
We understand that every landlord-tenant relationship is unique, but thanks to our many years of experience in this area of law, we can often anticipate many of the issues that could affect a commercial tenancy, allowing us to take proactive measures that save you time and money.
Creating a strong commercial tenancy agreement
If you are looking to let your commercial property the form of lease you grant can have a significant effect on the overall value of your asset, and affect the future rental income from that asset. If you are a prospective tenant, the lease you agree to take will contain legally binding obligations and restrictions that may impact on you not only whilst you are a tenant but also your ability to dispose of the lease, sometimes limiting your business exit strategies and options.
We have the understanding of the impact leases have for landlords and tenants, not just initially, but throughout their term, at rent reviews and on termination. We are also experienced in liaising with surveyors, agents and valuers where they are also involved in negotiations. As we act for both landlords and tenants, we are very familiar with what the issues are for both sides and can assist with providing solutions that should be amenable to both parties.
Whether you are a landlord leasing a property or a tenant renting one, we have an expert team of landlord and tenant solicitors to help before, during and after a commercial tenancy is in place. A commercial lease, like any long term legally binding commitment, requires proper legal advice. We provide a complete and efficient commercial property service, giving clear, cost-effective, and practical guidance on all matters arising from a commercial landlord/tenant relationship, whether at its creation, variation or termination.
Our commercial property services for landlords include:
Our expert Commercial property lawyers have in-depth experience of working with commercial landlords and all types of occupiers across a range of property including retail, offices and industrial. We are able to give clear and practical advice on all the many different aspects of letting and renting commercial property. For more information please contact Frances Watts.
Tenants of flats may have the right to club together to collectively buy the freehold of their building, usually through a nominee company. This will depend on whether there is a commercial element to the building, the number of flats in the block, the number of flat owners who qualify, and of those, how many choose to participate.
We can advise whether you have the requisite qualifying criteria for the process of collective enfranchisement and guide you through the process step-by-step. For more information please contact Frances Watts.
The area of law around leasehold enfranchisement and lease extensions is complex with a very strict legal process to follow, and advice should be sought at an early stage. Each case is different, requires careful analysis and turns on its own facts. Our solicitors and Legal Executives act for both landlords and tenants and can advise you on the process, assist you with informal negotiations and also the formal notice procedure. For more information please contact Frances Watts.