Commercial Property/Leases

COMMERCIAL PROPERTY  SOLICITORS SWANSEA & SWANSEA CONVEYANCING

Swansea Commercial Conveyancing

Conveyancing is a complex process.  It can be even more complex in the commercial world.  However, you can be reassured that our commercial conveyancing solicitors in Swansea are here to help by approaching the process with a commercial focus that will help you understand whether you are getting the best deal possible for you and your business.

We are able to support both landlords and tenants and have a wide range of expertise.  We have lots of experience in advising clients on:

  • Business property purchasing and remortgaging
  • Lease transfer (assignment)
  • Sales of businesses and commercial assets
  • Commercial mortgages
  • Possession proceedings
  • Commercial lease extensions and renewals
  • Lease termination (surrender)
  • Service charges

Please bear in mind that this is not a comprehensive list of what we do.  If you issue is not stated here, please contact us to find out what we can do to help.

Types of premises we commonly assist with

  • Industrial units
  • Retail units
  • Bars and pubs
  • Offices
  • Restaurants and cafes

Lease Transactions

Lease transactions can be complicated.  If you are running a business, you will want to make sure that the deal you get is right for you.  We will advise you on the suitability of the premises to your business objectives; make sure you are aware of all your rights and obligations under the lease and help you negotiate the best possible deal.

Things we commonly advise on include, but are not limited to:

  • Appropriate lease lengths
  • Lease renewals and negotiation
  • Covenants for repairs
  • Deposits
  • Planning issues
  • Personal guarantees
  • Dilapidation clauses
  • VAT issues
  • Break clauses

Searches

The bulk of conveyancing work consists of making ‘searches’ of the property.  Searches reveal further often hidden information.  Searches commonly conducted include:

  • Local authority – reveals information about planning permission and other developments in the immediate area.
  • Sewage and drainage
  • Mining – reveals information about subsidence risks in mining areas (current and previous)
  • Environmental – reveals information about environmental hazards and risks, including radon gas

Local solicitors for local businesses

To find out what our commercial conveyancing solicitors in Swansea can do to help, please get in touch at your earliest convenience.

FAQs about:
Commercial Property/Leases

What is security of tenure?

This refers to a situation where, subject to satisfying certain conditions, including procedural conditions and timetables, the tenant will be able to renew the lease at the end of the term. Security of tenure for commercial leases is generally dependent upon whether the lease (and the tenant) have the statutory protection laid down in the Landlord and Tenant Act 1954. The reasoning behind the legislation is to protect goodwill that a business tenant builds up in a location.

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