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Selling a commercial property is a slightly different process to selling a domestic property, so you should find a solicitor with experience and expertise in handling commercial transactions.
Just like domestic properties, buildings which have been classified as being for commercial use can be bought and sold, however they are also commonly occupied under a lease agreement. If you’re selling a commercial property, whether it’s leasehold or freehold, you’ll need to instruct a suitable conveyancing solicitor to deal with the transaction on your behalf. This includes negotiating terms with the buyer, notifying HM Land Registry and ensuring any tax is paid correctly, amongst other things. Whether it’s an industrial unit, a retail store, a hotel, a restaurant or an office block, a commercial property sale requires a specialist commercial conveyancing solicitor.
Selling a commercial property can seem like a daunting task. We advise clients to consult a qualified legal professional to ensure that everything is carried out legally and correctly, and that you understand the process fully. Our simple online service can help to match you with the best option for your needs, and provide a free, no obligation quotation for your Commercial Property Sale.