Commercial Property

What do you want to achieve when you ask a lawyer to represent you where commercial property is involved? Why do you need a lawyer and what is the benefit to you?

The benefits that you can obtain when you instruct Mercers are:

  • Experience in negotiating and clear and understandable communication with you.
  • Pragmatic suggestions on how to overcome any obstacles and reach desired outcomes.
  • Focus on the outcome that you want to achieve within time parameters.
  • Focus on your needs for your business.
  • Advice on the legal pros and cons of the deal.
For specific information on particular areas please click below.

Buying and Selling

We can deal with your purchase of commercial property, whether freehold or leasehold including:

Individual properties
Investments and portfolios
Auctions
SIPPs
We can advise you on drafting and negotiating replies to property enquiries

We will liaise with your agents, lenders and other specialist advisers and focus on the outcome that you want to achieve within time parameters.

Leases

Leases are complex documents, whether the form is long or short. Unexpected liabilities may arise not only out of what is mentioned in lease documents but also in what is not mentioned. We can advise on whether they are consistent with what you believe you have agreed.

Leases govern, amongst other things:

Tenant’s and the landlord’s rights
Liability for repairs, maintenance and decoration
Alterations and tenant’s use
Rent and rent reviews
Security of tenure and tenant’s ability to assign (transfer or sell) the lease
Shorter form or duration leases may contain less onerous liability than leases for a longer period, however, this is not always the case.

We will ensure, whether you are a landlord or a tenant, that you are aware of the material liabilities on the parties and whether these are consistent with the market. We will negotiate specifics on your behalf, on your instructions.

We can also advise you on the terms of your existing lease. We regularly advise on selling (or assigning) leases and buying existing leases, taking new leases, granting new leases and subletting, renewing and rent reviews, consents or licenses to assign, sublet or charge and consents or licences for alterations.

Development

We advise on and handle site acquisitions and disposals, and new house or plot sales, including advising on:

Options
Promotion agreements
Conditional contracts and development and building contracts
Overage agreements and pre-emption agreements
Planning agreements, section 106 agreements or unilateral undertakings
Infrastructure agreements
Restrictive covenants
Indemnity insurance

Mortgages

We regularly act for both borrowers and lenders and can often act for both you and your lender, as we are on the approved panels for major lending institutions.
We can advise and, where appropriate, negotiate, agree or draft loan documentation such as bank charges, legal charges or mortgages.
We can deal with collateral securities such as third-party charges, personal guarantees, and debentures.

Rights Benefiting & Affecting a Property

Our wide range of expertise and experience can benefit you when seeking advice on:

Restrictive covenants
Rights of way
Rights for services
Rights of light
Parking
Party wall agreements
Indemnity insurance
Overage or claw back

Public Houses & Restaurants

We specialise in Public Houses and restaurants.

To speak to someone who can help with buying commercial property or any other commercial property issues call us on 01491 572138 or submit a contact form to talk to Mike Beadsworth.