Conveyancing Experts

Commercial Conveyancing Solicitors

Fairmont Law Solicitors is a renowned London Law firm based in the heart of Richmond and recognised nationally and internationally with expertise in achieving positive outcomes for our clients and/or their businesses.

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Through the use of modern technology and a state-of-the-art case management software we are also capable of effectively communicating/corresponding remotely with all parties at any given time.

Fairmont delivers intelligent solutions that work for you in a manner and language that is understood. Our lawyers are all proudly multi-lingual and here to assist upon instructions. We are the legal experts you need behind you for all your legal enquiries and queries that you may have – Fairmont will strive to find a solution with a warm and friendly approach.

Fairmont’s Commercial solicitors can assist with the process of:

  • Buying
  • Selling
  • Leasing
  • Lease variation transfers and many more

Fairmont have Independent financial advisors in house to help with commercial property finance including obtaining a mortgage, re-mortgage and pension for businesses.

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    What is commercial conveyancing?

    The Legal process of transferring the ownership of commercial property or land from one entity to another. Unlike residential conveyancing, commercial conveyancing has far more complex issues involving planning, use class, stamp duty and VAT, which all come into play during this process.

    Commercial conveyancing can involve complex lease drafting and making sure the client is aware of all forfeiture and extension rules applicable.

    The experienced team at Fairmont Law solicitors can advise on forfeiture even if the lease does not have a clause incorporated within and advise on risks associated with commercial properties under the new regulations.

    What types of commercial properties require conveyancing?

    All buying, selling and leasing commercial premises have a legal process that requires experienced solicitors to make sure you are not tied into a contract that does not work for you. Advising on legal implication of a premises and knowing your rights when you decide to sell or purchase a freehold or leasehold is crucial to manage your assets in a way that allows your money to grow for you.

    Which sectors is Fairmont Law able to provide services to?

    We can provide services for all business premises and sectors including retail, industrial, construction, development and healthcare.

    What are the costs associated with your services?

    Please see our Fees page for more information about the costs.

    How long does commercial conveyancing usually take?

    Generally, the conveyancing process typically takes between 4-12 week’s, however, it is all dependent upon the complexity of the case alongside the efficiency of the sellers/buyer’s conveyancers.

    Why appoint a commercial conveyancing solicitor? 

    A good conveyancing solicitor provides legal guidance, negotiation on behalf of the clients, and ensures that their rights and interests are protected throughout the whole transaction.

    Why choose Fairmont Law Solicitors?

    Fairmont Law Solicitors maintain deep understanding of commercial property and the commercial world, meaning we are highly sought after for our expertise throughout the UK, and all our specialist departments are led by experienced senior head of departments offering our clients carefully considered and concise advice, no matter the complexity of the issue at hand.

    Frequently Asked Questions

    What searches are needed for commercial property transactions?

    Recommended commercial property searches include:

    • Local authority search and local land charges search.
    • Highway search.
    • Drainage and water search. 
    • Environmental search. 
    • Flood risk search. 
    • Coal mining search.
    • Chancel repair search.
    • Utilities search.
    What is the difference between freehold and leasehold in commercial property?

    While these terms may sound complicated, they have two simple meanings:

    Freehold- You own the property and the land it’s built on for as long as you want.

    Leasehold- You own the property for a set period, but not the land it’s built on.

    In a leasehold property, the lessee leases the property from the owner for a particular period with restrictions related to transfer and ownership. On the contrary, a freehold property gives complete property ownership without any restrictions on its construction, modification, and transfer.

    What happens if there are disputes during the commercial conveyancing process?

    Commercial disputes can have dire consequences, including loss of trade, reputational damage, and stress for business owners and employees.

    It is important to hire a professional solicitor who has the knowledge and expertise to handle your matter as commercial disputes can be costly and time consuming and wrong advice can cost the client thousands if not millions of pounds. We eliminate the process by using dispute resolution to save costs and time and try to manage disputes outside of court.

    Can I negotiate the terms of a commercial property purchase?

    Yes, all commercial property purchase is open to negotiation. Negotiation skills are a must-have for buyers aiming to secure favourable terms, navigate complexities and get a mutually beneficial deal.

    Possible negotiation objectives might include an initial rent-free period while you fit out the premises, a break clause allowing you to end the lease early.

    What are the key differences between buying commercial and residential property?

    Commercial properties involve tenants that are businesses or multifamily apartments with five or more units. Residential properties are those where people live, such as single-family homes, duplexes, triplexes, or apartment buildings with four or fewer units.

    Commercial properties generally have longer terms and lower vacancy rates than residential, providing more reliable income streams. However, they also come with higher expenses like insurance, taxes and maintenance.

    Request a consultation

    We offer up to 15 minutes free initial consultation on all matters.

    To contact our team, please call us or email us at info@fairmontsolicitors.co.uk..

    If you would like us to contact you, please complete our enquiry form. Alternatively, you can book a meeting at a time convenient for you.

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      By submitting your details on this form, you agree to our Privacy Policy. Information on how we handle your data is in our Privacy Policy.