Commercial conveyancing solicitors

Whether you’re a small start up or a large corporation, having the right premises for your business is essential. Maybe you’re looking to upgrade to something bigger and better, or downsize to something more affordable. Whatever your needs, seeking sound legal advice from a professional property specialist will help you understand your options before you dive into any decision.

The buying or selling of commercial property  - also known as commercial conveyancing - is the process of transferring the title of a commercial property from one owner to another. From shops and offices to restaurants, leisure centres and industrial units, every property transaction is different. That’s why regardless of size or purpose, your company should enlist the help of a property solicitor to drive the transaction forward. As a business, you may have bought or sold property in the past. At Talbots Law, we do it every day.

Why choose Talbots commercial conveyancing solicitors?

At Talbots Law, we pride ourselves in holding the largest property department in the region. That means that no matter which side of the transaction you’re on, you can ask a team of specialists for advice and guidance throughout the process. As lawyers, our goal is to ensure you’re fully informed before you make the move. As business people, we encourage the success of your company through a smooth property transaction that doesn’t keep you waiting. That way, you can get back to doing what you do best.

When your business works with Talbots Law, we’ll listen to your commercial and practical concerns to ensure that you’re getting the best out of your sale or purchase. Our solicitors have built a reputation not only for expertise, but also for commitment. As our client, you’ll have access to invaluable legal and business knowledge when you need it the most. As well as providing essential support throughout the transaction, we’ll also be at hand to advise on financial matters such as commercial mortgages and licensing issues.

What is the commercial conveyancing process?

For Buyers
When a commercial property takes your interest, speak to a specialist in commercial conveyancing. At Talbots Law, we’ll be able to provide advice and input on whether the property is suitable for your business as well as any plans you have for the future. If you’re happy to proceed, we’ll investigate the title to the property and commission any pre-contract searches. 

Once we are satisfied with the outcome of the searches and enquiries raised, we’ll approve the draft-contract sent by the seller’s solicitor and raise any additional enquiries. Then, we’ll prepare the Transfer Deed for the seller’s approval. After you have provided the balance of purchase monies required, we can begin completion. As your solicitor, it’s our duty to ensure your Stamp Duty is paid and the transaction is registered with the Land Registry.

For Sellers
If you’re selling your commercial property, it’s also essential to seek sound legal advice and assistance for the process. After investigating your legal title to the property, our solicitors will prepare the Contract of Sale to send to the buyer’s solicitor. We’ll ask you to fill in a CPSE Enquiry form containing details about all aspects of the property for the buyer and their solicitor to approve. Once they approve, we’ll help you exchange contracts with the buyer, and they will pay the amount agreed for the deposit. Then, when we receive the Transfer Deed from the buyer, we’ll assist you in discharging any mortgage attached to the property in preparation for completion. In order for completion to happen, the buyer will forward the full balance agreed to you, and the transaction will be made legally binding.

Whether you’re buying or selling, having a team of specialists on your side to assist with the commercial conveyancing process can make for a smooth and simple process. To get started, just give Talbots Law a call on 0800 118 1500 today.

 

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