Our conveyancing solicitors have years of experience leasing commercial properties.
Contact UsManchester 0161 832 2500 | London City 0204 505 8080 | London Finchley 020 8349 0321
Secure PaymentOur conveyancing solicitors have years of experience leasing commercial properties.
Contact UsCommercial leases are a vital part of most businesses. You could be a tech business setting up an office or a new retail business from Asia – you must get your commercial lease agreement right.
You need to make sure you know about stamp duty on commercial leases so you do not fall foul of SDLT.
We specialise in Commercial Property leases in London and Manchester.
In addition our litigation department can help serve Section 25 notices.We don’t normally get involved in rent reviews but can help good clients with questions.
Commercial leases contain the commercial agreements framed within heads of terms. These include the rent to paid, the term of the lease, how you can get out of a lease and what happens at the end of the lease.
No you don’t have to use a solicitor for a commercial lease. You can also wire up your own home and do your own plumbing. If you get it wrong because you don’t have the exact knowledge you could burn your house down or flood it. It depends upon your appetite for risk.
It is 50 50. Leases over 7 years need to be registered. Many are 5 years, but you do need to pay Stamp Duty Land Tax most of the time.
Each party bears its own cost.
Most of the time – yes. But we call it Stamp Duty Land Tax (SDLT) If you don’t pay it or get it wrong deliberately it is a fraud on the revenue and you can go to jail.
2 willing parties, and a brilliant lawyer.
We take the time to get to know our clients and their businesses, and we work collaboratively with them to achieve their goals.
Meet Our TeamsI just want to thank you Tanaaz and Robert for enduring with our property travails for so many years with such professionalism and good sense.
We had a great experience working with Wale and Robert. Buying our flat went super smoothly and dealt with in courteous and professional way.