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Delivering Quality Legal Services since 1986

Commercial Property Solicitors

Legal Advice for buyers or sellers, a landlord or a tenant or a commercial developer. Our commercial property lawyers will ensure you are in control during the entire process whether you are a buyer or a seller, a landlord or a tenant or a commercial developer.

Get Advice From Commercial Property Lawyers

Send us a confidential message. Our initial call is always a no-obligation consultation.

Who We Advice:

At Wildings Solicitors, we offer comprehensive guidance on a wide range of commercial properties. Our expertise covers an extensive spectrum, including high-street retail stores, commercial warehouses, individual office spaces, managed property blocks, restaurants, pubs, development sites, sports facilities, and agricultural land. Our diverse clientele spans from sole trader shops to well-established charity chains.

We work with property developers, businesses, entrepreneurs, retailers and companies of all sizes.

  • Office Buildings For Owner’s Use
  • Multi-Let Office Buildings For Investors
  • Redevelopment Projects
  • Owner-Occupied Shops. Offices And Industrial Units
  • Sales Of Properties In The Course Of Construction Or Conversion
  • Sales Of New-Build Industrial Units Or Offices
  • Sales Which Are Conditional On Planning Consent Being Obtained By The Buyer Or Other Conditions Being Fulfilled
  • Sales By Auction
  • Pharmacies
  • High Street Shops
  • Option Agreements
  • Conditional Contracts
  • Industrial And Manufacturing Plants
  • Purchase Of Property Into A Sipp Or Ssas
  • Purchase Of Property At Auction
  • Possession Proceedings
  • Auctions
  • Remortgaging your Commercial property or business
  • Commercial Leasehold Matters

Where we can help:

We are able to advise landlords and new incoming tenants on lease negotiations and the buying or selling of commercial property. It is a well-known fact that landlords or tenants need solicitors with good communication skills to be able to assist their client in granting, renewing, subletting, assigning of leases. Our expert solicitors, who have broad knowledge of such areas of work, would be able to assist.

We are able to deal with the following with ease:

  • Drafting of commercial leases
  • Lease agreements
  • Rent deposits
  • Authorised guarantee agreements
  • Business sales and/or purchases
  • Assignment of leases
  • Subletting contracts, licences, and leases
  • Deed of surrender
  • Lease renewals
  • Personal guarantee agreements
  • The registration of leases and payment of stamp duty
Wills and Probate

Why would you need a commercial property solicitor

In our opinion, a commercial property solicitor is a must when entering into new agreements or taking over a business, purchasing a commercial property, and/or taking over a lease. Such agreements can be complicated and can contain hidden clauses which can cause significant problems in the future. At Wildings Solicitors, we will ensure that the particular agreement is in your best interests and also has a marketable title so when you come to sell, there are no hidden surprises. One needs to appreciate that the relevant rights and responsibilities must be within the legal documents concerning the interest which you are acquiring.

There should also be regard to wider concerns such as planning, use certificates, building regulation consents. Too many times we have had clients come to us who have secured commercial property with an intended use, for example to use as a takeaway/restaurant but due to local authority constraints, this has not been possible. Regard must also be given to exit strategies of the lease, responsibilities for the building and certain repair and maintenance obligations. At Wildings Solicitors, we therefore have regard to such important factors and ensure our clients are made aware throughout the legal process.

For Landlords/Commercial Property Owners

Landlords are always approached by potential tenants to take a lease over the property, maybe to carry out some form of business at the premises. At Wildings Solicitors, we act for many commercial property landlords and this exercise requires expertise and experience. As a landlord, you need to make sure that the lease which is being granted provides protection to you as an owner and further that the activities that are proposed to be done on the premises are not against the law and comply with local authority rules and regulations. We always ensure that responsibilities of both parties, whether this be landlord or tenant, are made clear so that there are no misunderstandings and both parties clearly know their respective duties.

Solicitors For Landlords
solicitors for tenants and business owners

For Tenants/New Business Owners

At Wildings Solicitors, we have a large portfolio of business tenants who are taking a new lease on a commercial property or maybe taking over the running of an established business. It is very important for such clients that the lease document is carefully considered. Many landlords place onerous restrictions in leases which you may not be told of by the selling agents and therefore it is of crucial importance to understand the lease which you are entering into with the landlord. Landlords tend to be nervous of new incoming tenants and there must be a balance of interests between both landlord and tenant.

Commercial Leasing

It is crucial to seek expert legal guidance before entering into a commercial lease agreement. Whether you are a landlord or tenant of a commercial property, it is important to understand that there is more to a commercial lease than just the rent. If you do not obtain the proper legal advice before entering into such an agreement, you may be subjected to various constraints and financial obligations in the future, which could have severe consequences. As Commercial Leasing lawyers who represent both landlords and tenants, we provide a comprehensive service that allows you to comprehend every aspect of a commercial lease, ensuring that its terms are transparent, comprehensible, and, most importantly, beneficial to you.

Our team give our clients practical advice and jargon-free explanations of any complex procedures or legislation. Contact our offices for your initial consultation with a specialist today. Freephone 0330 333 8797, request a callback or email us at info@wildings-solicitors.co.uk.

buying a property solicitor
remorgage solicitors

Commercial Property Conveyancing

Our commercial property lawyers are available to handle your conveyancing needs with the utmost speed and efficiency. We recognize the significance of speed, cost-effectiveness, and precision, whether you ‘re purchasing a property for buy-to-let purposes, expanding your current portfolio, or acquiring new business premises. Contact our team today to learn more about how we can assist you with your conveyancing requirements.

Buying a Commercial Property

Wildings solicitors can easily help with this process. We have a dedicated commercial property department which deals with such transactions. We have a set up which will allow any respective clients to come into our offices and speak to their dedicated case handler to discuss any concerns. When buying a commercial property, the need to use an expert solicitor in our opinion is a must, regard must be given to the location of the property, boundary features, planning and building regulation constraints. We at Wildings Solicitors investigate title to the property thoroughly and undertake the required searches with the local authority and HM Land registry. Many times Commercial properties have leases in situ and this is why the property is being purchased for investment purposes. Therefore, it is very important to ensure any current lease documents are carefully scrutinised to ensure that buyers are made fully aware of the current set up.

solicitors for buying a commercial property
Lease Assignments and Business Sales​ Solicitors

Lease Assignments and Business Sales

Sometimes tenants who are occupying a commercial property have decided to sell. This can involve the sale of the business and also assigning the lease to the new incoming buyer/tenant. Therefore, the consent of the landlord must be obtained to ensure that the landlord is happy with the credibility of the new incoming tenant to pay rents etc and continue with the lease obligations. Not only does the lease need to be transferred but the sale of the business must also be conducted at the same time. Fixture and fittings lists need to be obtained and business sales agreements and contracts must be transferred to the new owner. Rent apportionments are also calculated at the time of completion and at Wildings Solicitors we are able to encompass all the relevant requirements to ensure the smooth transfer.

Rent Deposit Deeds and Authorised Guarantee Agreements

These are agreements between the landlord and tenant in which security is provided to the landlord in the form of payment security should the new incoming tenant fail to pay the rents to the landlord. The authorised guarantee agreement is when the current tenant provides a personal guarantee to the landlord that the new incoming tenant will pay the rents. One must appreciate that the authorised guarantee is very onerous to outgoing tenants and therefore any new incoming tenant must be of good financial standing as otherwise the landlord does have rights to pursue non-payment of rent from the previous tenant.

Rent Deposit Deeds and Authorised Guarantee Agreements solicitors

Looking for a Commercial Property Solicitor?

Wildings Solicitors are a modern, forward looking law firm with a strong combination of skills and resources offering an extensive range of services to individuals and business clients.

Award Winning

We are a modern law firm that provides legal services to businesses, organisations and individuals.

Our Mission

To achieve the best possible outcome for our clients by delivering quality legal services.

Our Vision

To continue to develop our reputation for trustworthiness, respect for individuals, families and businesses.

Why Wildings Solicitors?

Advice From An Expert

Any legal matter regarding property can be exhausting. The majority of home owners have a substantial amount of money invested in their property. It is subsequently essential that an expert residential conveyancing solicitor be there to advise during the process of a transfer of equity.

Why Wildings Solicitors?

Over 30 Years Of Experience

Wildings Solicitors have been offering legal services to commercial property owners for over forty years. Whilst a lot has changed, our dedication to quality remains the same.

Our team of experts deal with a variety of different matters.

Our Residential Property Conveyancing team has considerable experience in buying and selling properties. Our team uses an up-to-date case management system and has devised a process, which is designed to provide you with a service of the very highest standard at a very competitive cost.

This enables our team to provide all of our clients with a very fast and effective service.

Why Wildings Solicitors?

Our Fees

 We have always provided expert legal services at affordable prices. Our fees are fixed and we operate an open and transparent costs policy. What we quote is what you will pay, should the unlikely event arise of further costs no additional work will be done until you agree.

It is essential for us to give you right guidance, please do not delay to take the first step and contact us!

Questions You Might Have (FAQs)

General Quesitons

This is usually the case when the property is owned by a landlord and a lease is granted for the tenant to occupy the property in accordance to the terms and conditions of the lease. The lease must therefore contain all the relevant information as this is the agreement which both the landlord and tenants are governed by, some key information would be the following:

  • Length of lease
  • Rent amount
  • Rent review – when will the rent be reviewed and how
  • Break clauses – this is a clause that is added in the lease in which the tenant can give notice to end the lease
  • The right to renew the lease at the end of the term
  • Who is responsible for maintaining the building
  • Who is responsible for the building insurance

 

The above are all important and therefore by using a reputable and competent solicitor would risks be minimised.

Sometimes unforeseen circumstances can arise in which the current lease arrangement needs to change. With a fixed lease agreement with the landlord this can sometimes prove to be difficult. However, Landlords can be very accommodating and accept business needs can change over time. Providing an agreement is reached with the landlord, the original terms of the lease can be varied to suit the tenant’s needs and this is where a deed of variation helps. At Wilding Solicitors, we have experts who can deal with the drafting of such documents.

It is a well-known fact that businesses can struggle and be unable to keep up with overheads which include the payment of rents. A tenant does have the option to end the lease before the expiration of the lease term providing the lease has a break clause which allows the tenant to serve notice on the landlord to bring the lease agreement to an end. Specific procedures and notices must be followed and the use of an expert solicitor can make the process easy to follow. However, break clauses can be specific in that certain lease agreements prevent the notice being served in the first year or two of the lease, therefore you must read your lease carefully.

A licence is more basic and allows the tenant to occupy the property for a specific time but does not afford any other rights such as the right to renew. These are usually suited for small business units or for businesses who require the premises for a short period of time. A lease, however, is more detailed and is usually granted for a longer period of time. Leases also place a greater responsibility on landlords and tenants to perform certain obligations, for example, to keep the property in good repair and condition. Leases also have the right to renew which can offer a resaleable value.

It is essential for us to give you right guidance, please do not delay to take the first step and contact us!

Request a Callback

Send us a confidential message. Our initial call is always a no-obligation consultation.

Visit us

862-864 Washwood Heath Rd, Ward End, Birmingham, B8 2NG

Get in Touch

0330 333 8797
info@wildings-solicitors.co.uk

Opening Hours

Monday to Friday
9.00am - 5.00pm