Commercial Property
At Clevar Chambers we are able to advise our clients on the complex laws relating to commercial land transactions whether buying or selling property or entering into leases.
Service Areas
Sales & purchases of commercial property
Sales and purchases of commercial property, both freehold and leasehold, either for investment purposes or owner occupation.
Sales and purchases of undeveloped land
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If you own land that you wish to sell to a developer, neighbour or other buyer it is important that you have the right advice at the beginning. We provide the expertise and knowledge to guide you through this process. Amongst other matters to consider are:
• Your buyer’s profile – is your buyer going to be a builder or developer looking for land to add to a project or a potential new project?
• How much is your land worth? Determining a value will involve many factors not least of which will be the intended use which is a major factor.
Land sales will typically take longer than selling a house as the factors above and many more must be considered.
If you are interested in purchasing land, then it is important to identify the land and obtain legal advice at the beginning to ascertain if the land to be purchased is subject to any covenants. We have the expertise and knowledge to assist you through this process.
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Leases of commercial premises for either landlord or tenant
If you are a landlord, then we can assist with the following: –
• Preparation of a new lease
• Renewal of an existing lease
• Assignment of an existing lease
• Advising on tenant issues
• Terminating a lease
If you are a tenant, then we can assist with the following: –
• Advising you on a new lease
• Renewal of an existing lease
• Assignment of an existing lease
• Terminating your lease
SectionMortgages & re-mortgages of commercial premises
Many businesses have capital tied up in their property and often wish to refinance this asset to release funds for the business.
If you wish to raise capital on your commercial property or re-mortgage your property, then we can help.
SectionBuying or selling at auction
If you have a commercial unit or property to sell at auction we can offer the following: –
• Preparation of an auction pack ready for the auction
• Dealing with all enquiries relating to the property and the auction pack
• Completion of the transaction if the auction is successful
If you are thinking of buying a property at auction, we can offer the following: –
• Making enquiries about the property prior to auction
• Advising you on the contents of the auction pack, the property and the legal process
• Proceeding to purchase the property if successful at auction
SectionOption agreements
An option agreement is a contract relating to a specific piece of land that allows the buyer the exclusive right to purchase the land. Once a buyer has an option to buy the land, the seller cannot sell the land to anyone else.
If you are the purchaser wishing to take out an option agreement we can help with: –
• Preparation and negotiating of an option agreement
• Exercising the option agreement at the end of the contracted term
If you are the owner of the land, we offer the following:
• Advising you in regard to the option agreement
• Completing the sale of the land in question at the end of the contracted term