Solicitors for Leasing an Industrial Unit
Our commercial property solicitors have many years of combined experience in the sale and purchase of leasehold and freehold industrial units across the UK. We can help agree the heads of terms of the deal, incorporate them in the draft lease and negotiate any amendments on behalf of the client. If an industrial unit is being purchased freehold, we will assist in negotiating and agreeing the contract of sale and handle all transfer documentation.
Commercial leases are usually complicated documents with various potential pitfalls for both buyers and sellers. A lease may contain a break clause, for example, which can only be exercised under certain circumstances, or the buyer may wish to negotiate a rent free period in the lease. Rent deposits, personal guarantees and maintenance and repair obligations are three other areas in which we commonly provide advice. Our industrial unit lease solicitors will advise on every aspect of the sale or purchase process right up to completion, as well as any matters that need to be addressed beyond that date.
Our solicitors will carry out various checks, enquiries and searches on an industrial unit and the site on which it is located. Most importantly, we will need to establish the landlord or seller’s legal ownership of the property, and any other rights held by third parties which may affect the buyer or tenant’s intended use of the premises - particularly access rights. Local authority, water, drainage and environmental searches will also need to be carried out for the same purpose. The unit’s current planning consent status will need to be checked, and planning permission for any intended development work on the property may also need to be secured.
Bartletts has a team of commercial property solicitors for renting an industrial unit or purchasing one or more units outright. We offer unrivalled experience and expertise in this area of commercial property law, combined with a transparent and competitive fixed fee legal service.
Contact our firm today for a free no obligation quotation.
Recent Customer Review (25 August 2021): 'James Edwards dealt with a new commercial property lease. His advice, expertise, accuracy and speed of work was exemplary and I wouldn’t hesitate to use him again.' Read more >