Commercial Conveyaning/ Leases

Commercial Conveyancing

Our Ealing based conveyancing solicitors have all the expertise to provide a bespoke service to deal with buying or selling your commercial property and advise on a range of complex commercial property matters. Starck Uberoi’s commercial property specialists work with many clients in and around West London, Middlesex, Berkshire and Thames Valley to advise landlords and tenants on commercial freeholds and leases for commercial properties. We provide a comprehensive service led by Managing Partner, Raminder Singh Uberoi covering all aspects of real estate ownership.

Commercial conveyancing entails transferring the title of a commercial property from one person or company to another. Our specialist commercial conveyancing lawyers regularly manage the purchase and sale of numerous leasehold properties including offices, shops and restaurants.

When choosing our commercial conveyancers for your commercial property solutions, you can be sure of the same level of quality service as our residential conveyancing as we are fully accredited members of the Law Society’s Conveyancing Quality Scheme. You will deal with a specialist solicitor at every stage of the process who is committed to providing an efficient and smooth service and working towards an efficient resolution. We will ensure your matter is dealt with properly at all times in order to provide an effective service for you and/or your business.

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Our commercial conveyancers can assist with:

  • The drafting and negotiating of new leases

  • The transfer of existing leases

  • Obtaining commercial mortgages

  • Negotiating and assisting with obtaining the best rate at rent review

  • Extension or termination of leases and assignment of leases

  • Renewing business leases

  • Issuing licenses to alter agreements and draft sub-leases

Advising both landlords and tenants on commercial leases

Commercial Leases

When leasing a business premises in England and Wales, it is important to have a written agreement setting out the duties and responsibilities of the parties, particularly in relation to the repair and maintenance of the building being rented.

A key distinguishing element of a commercial lease is that it grants exclusive possession upon the tenant. This means that the landlord cannot enter except in certain circumstances outlined in the lease and subject to any rights reserved to the landlord. The tenant can exclude anyone else from the property and can exercise all the rights of the owner in respect of the lease, such as allowing a sub-tenant to occupy the premises under a sublease agreement.

For advice on all matters relating to commercial leases speak to our qualified lawyers on 020 8840 6640 or email us at solicitor@starckuberoi.co.uk.

Key lease terms that are frequently addressed in commercial leases include:

  • The length of the lease (also called the ‘lease term’), when it begins and whether there are renewal options

  • The rent, including allowable increases (also called ‘escalations’) and how they will be calculated

  • Whether the rent you pay includes insurance, property taxes and maintenance costs (called a ‘gross lease’) or whether you will be charged for these items separately (called a ‘net lease’)

  • The security deposit and conditions for its return

  • Precisely what space you are renting (including common areas such as hallways, restrooms and elevators) and how the landlord measures this space (some measurement practices include the thickness of the walls)

  • Whether there will be improvements, modifications or fixtures added to the space, who will pay for them and who will own them after the lease ends (generally, the landlord does)

  • Specifications for signs, including where you may put them

  • Who will maintain and repair the premises, including the heating and air conditioning systems

  • Whether the lease may be assigned or subleased to another tenant

  • Whether there is an option to renew the lease or expand the space you are renting

  • If and how the lease may be terminated, including notice requirements, and whether there are penalties for early termination.

  • Whether disputes must be mediated or arbitrated as an alternative to court

A commercial lease is typically a lengthy document and it is vital that both the landlord and tenant are fully aware of their implications. This is especially the case for tenants, since some obligations can be drafted to appear quite onerous, often resulting in costly mistakes.

Starck Uberoi Solicitors have advised a broad selection of clients, including landlords and tenants of all types, and our experience in commercial property is wide ranging and profound. Our service offers fast results and cost savings, coupled with a focus on advising clients in a commercial and practical manner.

For advice on all matters relating to commercial leases speak to our experienced solicitors on 020 8840 6640 or email us at solicitor@starckuberoi.co.uk