Commercial Property
RHY Law Solicitors excels in the field of commercial property law. We combine legal and analytical expertise with a commitment to finding quick, creative and cost effective solutions. We act on behalf of a wide range of businesses and individuals ensuring that any queries or issues that arise are dealt with expeditiously and effectively.
What can our Commercial Property Department deal with for you?:
- Shop/Commercial Property Leases
- Commercial Property Purchases
- Commercial Property Sales
- Investment Property and Portfolio Development
All businesses need premises, whether it's a home-based business looking for their first office or a more established company considering larger office spaces. The cost of your office lease is likely to be one of the biggest overheads you have to account for. Due to the commitment required in occupying a commercial property for any length of time, it is vital that you get the right property on the right terms. We can offer our expertise in the field of commercial property law to aid you in getting that shop lease or office lease suited to your requirements.
Commercial Property Purchases
We have years of experience in helping companies with their commercial property purchases and can save your company time and money by helping you find the right property along with the right commercial mortgage. If you are looking into buying an existing business, buying commercial property for your business or making a commercial property purchase to let, get in touch with us and we will advise and guide you in making the purchase of your commercial property as smooth as possible.
Commercial Property Sales
We can help you with your Commercial Property sales. We will ensure that you not only get what you want from the sale of your commercial property, but also know the full details of the sale and the agreement reached. We will work with you so that you to get through any problems that may arise and to hasten the actions of the other parties involved. We also have experience in dealing with stamp duty queries, planning issues and can advise you on the financial side of the commercial property sale.
Investment Property and Portfolio Development
The area of investment property can be lucrative and looking into portfolio development can reap great rewards if done correctly and with awareness of the risks involved. We can offer you advice and consultation on diversification of your existing portfolio and other issues relating to portfolio development and investment property.
Offshore Companies
We can advise you on the use, setting up, purchase and sale of off shore companies. The use of such companies can confer significant tax advantages.
Option, Overage and Clawback Agreements
Sale contracts can be conditional on some event occurring within a specified time. Often the condition is the buyer obtaining planning permission to develop or change the use of the property. If the condition is satisfied, the seller and buyer are committed to proceeding. Options are more one sided; the buyer can decide whether or not it wants to buy, within the option period.
For capital gains tax purposes in such cases, the disposal occurs when a conditional contract becomes unconditional, or when an option is exercised – so tax planning in advance is important.
"Overage" or "clawback" agreements, by which sellers reserve the right to share in future increases in the value of a property (e.g. on the grant of planning permission), are becoming increasingly common.
These are just a few of the services we can offer. If you have any other requirements that do not fall under the areas listed above, please contact us and we will be happy to discuss them with you. With RHY Law Solicitors, you can be assured that any commercial property needs you have can be undertaken by us with confidence and dealt with in an efficient and professional manner.
Our property team advises a broad range of clients , including those from the investment sector, developers (of commercial, residential and mixed use buildings), lenders and landlords operating principally in the property sphere to end users such as retail and corporate occupiers from a variety of commercial sectors.
For more information please contact one of the team: