Commercial Property Acquisition & Disposal
Acquiring and disposing of commercial property involves numerous complex legal issues and demands meticulous due diligence.
Our Commercial Property Solicitors have the expertise and commercial acumen to ensure the process runs quickly and smoothly.
We advise companies, trustees, individuals, and developers on acquisitions and disposals, as well as other aspects of commercial property such as tenancy agreements, site development, and forfeiture. Our team works diligently to finalise deals efficiently while safeguarding your best interests.
We pride ourselves on offering a personalised service to all our clients. We are always available by phone and will respond to your email within 24 hours. As a full-service law firm, we can also provide advice on other commercial matters such as contracts and dispute resolution.
We are a diverse, multi-lingual law firm that uses best-in-class technology to provide clients with streamlined, modern, and highly effective commercial property law advice and representation. Our extensive experience in commercial property law has earned us a robust reputation for excellence with the UK’s best Barristers and King’s Counsel, Estate Agents, Independent Financial Advisers, Surveyors, and Lenders who can bring additional support to our Commercial Property Department if needed.
Common Questions About Acquiring and Disposing of Commercial Property and Developments
What is bridging finance?
Bridging loans are often used by investors and developers to purchase properties or sites for future profit. One of the main advantages is that bridging finance can be accessed quickly, which is crucial for time-sensitive property acquisitions and development opportunities.
Our Solicitors will review the terms of a bridging loan and advise you on any points you should be aware of. We provide comprehensive advice on all aspects of commercial real estate transaction finance, including:
- Bilateral, syndicated, club, structured, senior, and mezzanine finance
- Debt restructurings and re-financings
- Creation and implementation of property funds
- Sale and leaseback structures
- Buy-to-let mortgages
What is an Option Agreement?
An Option Agreement is a contract between a landowner and a developer. The most common type is a call option, which allows a developer to compel a landowner to sell a property. The option may be exercisable at any time during the option period or when a specific event, such as obtaining planning permission, occurs.
In exchange for the option to purchase the land, the developer pays the landowner a non-refundable deposit.
Option Agreements mitigate the risks of property development. Developers are assured that the land cannot be sold to a third party if there are delays in planning permission. Additionally, the purchase price of the land can be set when the option agreement is signed, protecting the developer from potential property price increases.
Landowners benefit from receiving a deposit and knowing they have a guaranteed buyer if planning permission is granted.
Why Choose Us?
When acquiring and disposing of commercial property and developments, it is essential to instruct an experienced Solicitor to advise you and manage the process. Our team regularly handles multi-million-pound transactions and knows the level of due diligence required to ensure investors and other stakeholders’ money and reputations are protected.
We pay meticulous attention to detail when handling property transactions. All our Commercial Property Solicitors have the experience and resources available to ensure that every aspect of your case which requires attention will be spotted, brought to the fore, and managed. Whether it is a particular aspect of the title deed which we believe requires clarification or change, an additional search we recommend, or any other aspect, you can be assured we have an eye for detail and will bring these to your attention and recommend the best approach to move forward. We will leave no stone unturned when handling your transaction, and you can be confident that we will provide the commercially astute legal advice you need to protect your interests and investment.
Our Solicitors are businesspeople themselves; therefore, we understand that every decision you make must encompass commercial reality. We receive most of our instructions via word of mouth recommendations because landowners, developers, and investors in Nuneaton and Warwickshire are confident that we have the knowledge and dedication required to ensure the disposal and acquisition of their commercial property or development goes smoothly.
Cocks Lloyd Solicitors provides exceptional Commercial Property Acquisition & Disposal and Commercial Property services to clients. People choose and recommend us not just in Nuneaton, Tamworth, Atherstone, Hinckley and Leicester, but across Warwickshire, Staffordshire, Leicestershire and the West Midlands, and the whole of the UK, because we get results.
To receive expert advice and representation regarding Commercial Property Acquisition & Disposal and Commercial Property, please contact us using the form below, call us on (0247) 6641642, email via the Request a Callback form on this contact page.