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Oliver and Co - Commercial Property Transactions

Legal Hour on Dee

Saturday, 4 November 2023 - 11 minutes

In the Legal Hour for November Michelle McQuillan, who is Head of Commercial Property and a Senior Associate Solicitor at Oliver & Co Solicitors, spoke to Darren Antrobus on Dee's Morning Show..   

Michelle talked about a wide range of transactions involving commercial property, such as buying, selling, refinancing or lease matters.

What is commercial property?

A building or land that houses a business, generates income for a business or is used in any form of business activity.

Examples include:

  • Highstreet shops or shops and retail premises within a shopping centre or on a retail park.
  • Office space – Solicitors, Accountants, Banks
  • Industrial warehouses or showrooms
  • Property used for personal services such as beauticians or barbers/hairdressers
  • Medical practices for Doctors, Dentists and other healthcare providers
  • Any property owned or occupied by a charity, local authority or government body
  • Agricultural or Farm Land and forestry
  • Buildings used in hospitality – Hotels, BnB’s, pubs, cinemas, car garages, holiday lets

Types of clients:

  • Geographically located throughout England and Wales
  • Sole traders
  • Partnerships
  • Limited companies
  • Pension schemes
  • Charities – faith organisations, community groups or any charity that has a property transaction
  • Developers
  • Lenders
  • Individuals with a buy to let portfolio – investment portfolios

Types of transactions:

Buying, selling, refinancing (high street or independent bridging finance) commercial property.

Negotiating commercial leases whether acting for landlord or tenant

Negotiating terms for other business lease/Landlord and Tenant transactions

Development work – acquiring land for development on conditional contracts and negotiating terms for exclusivity agreements, pre-emption agreements, options and overage agreements.

Land and agricultural matters – whether sale and purchase, lettings, farming tenancies and grazing agreements.

Transactions on behalf of charities – sales, purchases, leases

Investment property transactions on behalf of private pension schemes

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You can find out more here:

https://www.oliverandco.co.uk/services-for-businesses/commercial-property/

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