We act for clients ranging from individuals and small and large business to international banks and Housing Associations.
We provide a full commercial property law service to our clients in particular in the following areas:
Sales and acquisitions
If you are selling or buying commercial property or land you need solicitors who have experience in all areas of commercial property law and commercial issues that relate to your individual business and ventures, which we can offer you. We frequently act for businesses in Manchester, the North West and further a field in connection with their sale or purchase of business premises which can be either in connection with expanding their businesses, relocation, acquiring assets or as part of a company or business sale or purchase
Leases
As a commercial law firm, we have particular expertise in connection with acting for Landlords or Tenants when taking or granting commercial leases. This is an area where our clients need our specialised advice in relation to both the technical and practical issues of taking or granting a commercial lease. As a Landlord, you want to make sure that you asset is protected, yet as a Tenant you will want to ensure that the rent is kept as low as possible and that you have the flexibility to sell on, underlet or use the property as you may wish in the future.
We also deal with issues when Landlord and Tenants have disputes.
Residential and commercial site development
We act for businesses across Manchester and the North of England in connection with site development. We advise in relation to all aspects and issues that our builder developer clients have in respect of their purchase of land to build on, from the adoption of roads and sewers to environmental issues. We also deal with the plot sales and advise on the best way to sell the plots, for example by way of Lease, freehold sale or commonhold sale.
Secured lending
As a primary law firm in the North West of England, we act for lenders including a large international bank in connection with its secured lending. We also undertake secured lending legal work for our Housing Association clients.
Compulsory purchase orders
As a firm of solicitors with a wide expertise in property law, we can advise individuals and businesses in connection with specialised areas such as compulsory purchase orders. If as a business or individual, you are faced with the possibility of your business premises or home being subject to a compulsory purchase order, then you will appreciate that you will need a law firm, which can offer you expert yet practical advice.
Portfolio investments
We act for all sizes of businesses and individuals who purchase portfolios of properties for investment purposes. Whether you are an individual wanting to buy properties to let out, or a large plc acquiring a shopping arcade, we have commercial property lawyers who can expertly advise you in relation to all aspects of your commercial or residential property purchase or sale.
Licensed premises
As commercial property solicitors in Manchester, we advise public houses, clubs and other licensed premises such as restaurants and off licenses in and around the North West. We advise in relation to sales, purchase and licensing issues in general. We also have links with specialist accountants to the licensed trade.
Sales and purchases of businesses and their premises
We act for our business clients in connection with their sale and purchase of commercial premises as interlinked with the sale and purchase of the company or business itself. This may be due to a share or asset sale of a limited company which owns its own or has a lease of commercial premises or a small business where, for example, the owners are moving on, retiring or expanding by buying another business to add to their portfolio.
For more informaton please contact:
Peter Carey on 0161 653 5299
Frequently Asked Questions
Q: Do I have to pay Stamp Duty Land Tax?
A: The Inland Revenue introduced Stamp Duty Land Tax on 1 December 2003. It replaced "Stamp Duty" on the purchase of houses, flats, UK land and buildings and certain leases. A purchaser of property now has to complete and submit an 8 page Stamp Duty Land Tax Return to the Inland Revenue, which we complete and submit for our clients.
The rates of Stamp Duty Land Tax for the purchase of non-residential property are as follows:
| Purchase price | Rate of Stamp Duty Land Tax on whole of purchase price |
|---|---|
| £150,000.00 or less | 0% |
| £150,001.00 to £250,000.00 | 1% |
| £250,001.00 to £500,000.00 | 3% |
| £500,001.00 or more | 4% |
For more informaton please contact:
Peter Carey on 0161 653 5299
Q: Do I have to register my Lease at the Land Registry?
A:On 13 October 2003, the Land Registry rules governing which Leases had to be registered changed.
As a result of those changes, new Leases now granted out of either registered or unregistered land that are for a term of 7 years or more from the date of grant, are generally compulsorily registerable. There are of course, some exceptions.
On a transfer or assignment of an existing Lease, which at the date of the transfer or assignment has 7 years or more of its term to run, are, generally speaking, compulsorily registerable. Of course, again there are some exceptions though.
For more informaton please contact:
Peter Carey on 0161 653 5299
Q: What is commonhold
A: It is a new type of freehold (i.e. a way of owning property), which was effective from 27 September 2004.
Historically, most flats in England and Wales have been leasehold properties. This is partly because the enforcement of positive covenants, such as to maintain support for parts of buildings, has only been available with leasehold land. Commonhold overcomes this problem and offers an alternative to creating a lease and having a landlord.
For more informaton please contact:
Peter Carey on 0161 653 5299
Disclaimer of Warranty and Liability
We do not represent or warrant in any way that the information and/or data accessible on or via this website is accurate, complete or current. We have no liability whatsoever in respect of any use that you make of such information and all warranties, express or implied, statutory or otherwise are hereby excluded.
The information provided on this website is general and has not been written to meet your individual requirements.
Neither we nor any of our partners or employees will be liable for any kind of damages, howsoever arising, including, without limitation, loss of profits, compensatory, consequential, direct, exemplary, incidental, indirect, punitive or special, damages or any liability which you may have to a third party, even if we have been advised of the possibility of such loss.
These terms and this disclaimer and any claim based on use of information from this website shall be governed by the laws of England.
