Commercial Property and Business
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Buying property as an investment requires expert legal advice, whether it’s a large building with a number of commercial tenants already in place or a single residential buy-to-let property where tenants have been found but haven’t yet moved in.
Landlords now have to comply with a whole range of legislation and, in addition to the usual legal searches and checks etc, such matters as asbestos reports, Energy Performance Certificates, Value Added Tax (VAT) and Stamp Duty Land Tax (SDLT) may well need to be addressed -not to mention planning permission and statutory regulations which govern, for example, the use of residential properties as Houses in Multiple Occupation (HMOs).
As the owner of a rented commercial property you obviously need to be fully advised on the contents of the lease that you’re taking on and we can help you fully with that and on what your options are when the lease ends.
We can also ensure that all leases comply with the requirements of the lending institutions if you have to borrow against the security of your property.