Essential guidance
Key things to consider.
Deep knowledge of commercial property market conditions and valuations
Experience negotiating commercial lease terms and landlord obligations
Understanding of secured lending, mortgages and property finance structures
Familiarity with planning, building regulations and development consent
Knowledge of dilapidations, break clauses and lease renewal procedures
Experience with commercial disputes and dispute resolution
Understanding of corporate structures and tax-efficient acquisition strategies
Ability to manage complex transactions with multiple parties
Questions to ask your solicitor.
How much commercial property experience do you have?
Commercial property law differs significantly from residential. Ensure specialist expertise, not just general property knowledge.
Can you advise on lease negotiations and onerous terms?
A good commercial solicitor negotiates favourable lease terms and identifies hidden costs.
What's your approach to due diligence on commercial acquisitions?
Thorough due diligence protects against planning issues, environmental liability and hidden tenant disputes.
Do you have experience with secured lending and property finance?
If you're financing the transaction, your solicitor must liaise smoothly with your lender.
Can you advise on the right corporate structure for acquisition?
There may be tax advantages to structuring the purchase through a company, partnership or other entity.
Ready to instruct a commercial property solicitor?
Burns & Co. Legal offers expert commercial property advice with fixed-fee quotes for acquisitions, leases, and transactions.
Burns & Co. Legal is a trading style of Burns and Company Professional Limited. Burns and Company Professional Limited provides reserved legal services through firms which are authorised and regulated by the Solicitors Regulation Authority, and Authorised by the FCA for Insurance Distribution purposes on a portfolio basis.