Property Purchase and Sales

Hine Solicitors advises on buying and selling commercial property, from planning permission and VAT considerations through to exchange and completion.

Buying or selling a commercial property can look straightforward on paper, but in practice there is usually more to it, particularly with commercial premises, where complications tend to surface once you are already committed.

You might need to establish whether planning permission is needed for a change of use, whether VAT applies to the purchase, or what environmental responsibilities come with the site, and those are only a few of the issues a purchaser typically has to weigh up before going ahead. If you are selling, having the right advice behind you from the outset helps you secure the best deal and keeps the process moving smoothly rather than stalling at the first hurdle. Our commercial conveyancing solicitors act for both buyers and sellers of commercial property, working through the legal detail so you have clear guidance at every stage of the transaction and are never left waiting to hear how things are progressing.

Buying a commercial property

Whether you are taking on a freehold or a leasehold property, it needs to genuinely fit what your business needs, and having the legal requirements examined properly before you part with your deposit protects you from expensive surprises further down the line. We act for buyers coming at a purchase from a range of directions, including those buying through a company, a Self Invested Pension Plan (SIPP), those arranging a mortgage to fund the purchase, those buying as cash buyers, and those buying a business where the property forms a major part of what is being acquired. Whichever route applies to you, we look into the legal position on your behalf and flag anything that needs attention before you commit, so you go into exchange with a clear picture of exactly what you are taking on.

We can discuss the terms of the sale with you to ensure that the Heads of Terms reflect your needs. We can advise on whether you are required to add VAT on the purchase price or whether the sale can be considered a transfer as a going concern.

We aim to give you a realistic view on timing early, so you can plan the rest of your move with confidence.

Selling commercial premises

Being prepared, with your legal paperwork ready before you accept an offer, gives you a head start once a sale is agreed. From there, the pace is often set by how quickly enquiries from the buyer’s side get dealt with, so we prioritise responding promptly and keeping all parties moving in the same direction rather than letting things drift. Bringing a commercial property team in early, ideally before the property goes to market, tends to make the transaction smoother and reduces the chances of last minute hold ups threatening a deal that is otherwise ready to complete. As business property solicitors, we act for sellers across a wide range of premises, from single units to larger portfolios.

Property purchases and sales are only one part of commercial property work. If your transaction also involves arranging finance or agreeing lease terms, our wider commercial property team can advise on that alongside your purchase or sale.

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