Commercial Property

What is Commercial Property Law?

In the dynamic world of business, where every square foot can mean an opportunity, navigating the intricate landscape of commercial property requires expertise. Commercial property law, at its core, revolves around the acquisition, sale, leasing, and utilisation of land for commercial purposes, be it for development or investment. Merriman Solicitors, with a wealth of experience, stands as your reliable guide through the intricate maze of legal considerations in commercial property transactions.

Key Aspects of Commercial Property Law:

Commercial property law spans various transaction types, both short and long term, covering freehold property transactions, commercial leases, acquisitions, and development projects. It intricately intersects with planning, construction, and tax law. Our team at Merriman Solicitors is adept at handling a plethora of issues including:

● Leasing of commercial properties from the perspective of both landlords and tenants.

● Purchase, sale and management of investment properties.

● Development of both residential and commercial building projects.

● Financing of commercial property transactions and funding of building projects.

● Resolution of commercial property disputes through litigation, mediation, and arbitration.

Is it worth leasing or buying a commercial property?

Determining whether it is more advantageous for you to buy or lease will be a crucial decision in the development of your business or investment strategy. When it comes to commercial property, the stakes are typically high, meaning significant financial risks and more difficult decision-making processes.

You must consider both the present and the future when deciding whether to purchase a commercial property outright or whether to take on a tenancy. When business people decide to rent property, it’s usually because they are just getting started in the industry or the area, or because they don’t want to be tied down by property ownership due to financial constraints. Those who want to buy instead of renting, do so because they desire more control over the property’s usage (they can more readily

change its appearance, subject to planning clearances) and also because it’s typically a wise investment.

In the end, it comes down to your financial situation, your needs from the property, and your long-term goals.

How can our Solicitors help?

From acquisition to sale, investing in properties poses specific challenges that require a sophisticated legal strategy. Merriman Solicitors is skilled at handling these complications, guiding clients towards well-informed decisions that complement their financial goals. We carefully go over contracts, carry out due investigation, and bargain for advantageous conditions during the buying process. Our legal staff handle leasing agreements, compliance issues, and the nuances of management under ownership. When it’s time to sell, we maximise returns by facilitating smooth transfers.

Whether you’re an individual or an organisation dealing with commercial property, having a solicitor by your side is essential. Merriman Solicitors offers comprehensive legal support, tailored to the specific needs of diverse industries.

Our commercial property solicitors can assist in:

● Providing legal advice to buyers, sellers, landlords, or tenants in property acquisition or leasing matters.

● Offering guidance to property developers involved in new construction projects.

● Conducting thorough property research, including CPSEs, boundaries, disputes, planning permissions, local authority matters, easements, and more.

● Drafting, completing, and filing paperwork and documentation related to commercial property transactions.

● Facilitating negotiations for sale or lease contracts.

● Resolving disputes related to owned or prospective commercial properties.

● Offering conveyancing services for commercial properties, ensuring a seamless legal process in buying or selling.

How Merriman Solicitors Elevates Your Commercial Property Experience

At Merriman Solicitors, we pride ourselves on understanding the unique needs of our clients and serving areas in and around Marlborough & Wiltshire. With an unwavering commitment to protecting your interests, we bring years of experience to the table, ensuring that your commercial property journey is not just legally sound but also strategically advantageous.

Ready to embark on a journey where your commercial property transactions are handled with expertise and precision? Complete our online enquiry form or reach out to us at 01672 515846 or via email at law@tmp.uk.net