 Commercial Property
Almost all organisations need premises from which to operate the business.
The decision as to whether to acquire freehold or leasehold premises is usually made primarily on commercial grounds, but either option requires examination of the contractual and other legal issues.
If you choose to lease premises you will need legal advice on the implication of the terms and conditions of the lease and the effects and potential liabilities of the obligations you will be accepting.
Almost certainly the lease will contain provision for rent reviews. These can lead to disagreements between landlord and tenant and failure to take specific action at an appropriate time in the negotiation process can have serious consequences. You will probably need legal advice on the strict timescales and procedures set out in the Landlord & Tenant Act 1954 in order to establish and protect your rights.
If you choose to acquire premises on a freehold basis you will require legal advice on the contract of sale, the use for which the premises are entitled to be used, the financial implications involved in raising the finance, and other matters.
Whether you decide to lease or purchase we can provide comprehensive legal advice and assistance.
For further information please contact
Robert Beattie /
Gillian Jones
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