Buying or Selling a Business Property? We'll Keep It Straightforward.
Whether you already have a portfolio of properties or you're looking for your first business premises, our commercial property solicitors are here to provide expert guidance.
We understand how much is riding on a smooth transaction, especially when timing, contracts and your wider business plans are involved. That's why GloverPriest offers clear legal advice on a range of issues, including:
- Purchasing or selling a business
- Purchasing or selling sites and property for development
- Purchasing or selling commercial units, e.g. a warehouse, factory or office
- Purchasing or selling retail property units
- Purchasing or selling a charity or not-for-profit organisation
- Building property portfolios
If you’re looking to buy or sell a commercial property, get in touch today to speak to one of our experienced solicitors.
How GloverPriest Can Help
With years of experience in commercial property law and regulation by the Solicitors Regulation Authority (SRA), we’re trusted by business owners, landlords and developers across the country.
Here’s what you can expect when you work with us:
- Transparent costs and quotes providing you with a clear estimate of likely costs involved from the outset
- Direct contact with your solicitor from start to finish
- Nationwide advice with in-depth knowledge of the commercial property landscape
- Practical legal support delivered with professionalism and care
Our commercial property team combine technical legal knowledge with a straightforward approach, so you can focus on your next move without the legal stress. If you’re ready to take the next step:
What to Expect When Buying or Selling Business Property
Whether you’re acquiring a new site or selling part of your portfolio, we’ll guide you through the process with tailored advice and step-by-step support. Here’s how it typically works:
Buying Commercial Property
From identifying the right premises to completing the transaction, we know there’s a lot to think about when buying a commercial property. We’ll take care of the legal process so you can focus on making the right decision for your business.
Key stages include:
- Survey: A thorough property survey can highlight any potential issues like structural damage or things like historical environmental concerns or prior disputes to light. It's worth noting that specific searches may be needed by your lender. These third-party reports help identify details about the property and its surroundings, information that might be challenging to obtain through other means.
- Title Checks and CPSEs: We will review the property’s title and pre-contract enquiry (CPSE) responses to make sure you’re sufficiently protected and to avoid any surprises. The answers to CPSEs should be accompanied by copies of the documents and reports that are discussed in the answers.
- Mortgage Offer: We work through the mortgage offer and necessary paperwork, preparing personal guarantees if needed or liaising with your lender for additional requirements.
- Exchange of Contracts: Once all due diligence is complete, contracts are exchanged, and the deposit is transferred. This legally binds both the buyer and seller to the agreed terms.
- Completion: On completion day, purchase funds are transferred, and the buyer becomes the new owner. The buyer's solicitor handles post-completion tasks, including registering the legal charge, submitting tax returns, and registering ownership at the Land Registry. The buyer notifies relevant authorities of the move.
Need help buying at auction? Our dedicated Commercial Property Auctions team are here to help with expert support.
Selling Commercial Property
When you’re selling a commercial unit, we know time is often of the essence. That’s why our team works proactively to keep things moving, so you don’t lose momentum with a buyer.
We’ll support you with:
- Information Pack: Prepare a comprehensive pack of key details, including details on planning permissions, energy performance certificates, local transport, business rates, and other costs, to help prospective buyers make informed decisions.
- Understanding Buyers: Work closely with your solicitor to manage deposits, contract exchanges, and the overall legal process. The right solicitor will make sure the sale progresses smoothly.
- Survey and Enquiries: The buyer will usually arrange a survey of the commercial property. After this, the title will be reviewed and The Commercial Property Enquiries (CPSEs) and searches requested.
- Exchange and Completion: The process moves towards the exchange of contracts and completion. During this phase, the buyer pays a deposit to the solicitor, and a mutually agreed-upon completion date is set. On completion day, all legal aspects are finalised, and the remaining funds are released by the buyer’s mortgage lender.
Selling as part of a wider commercial deal? If your sale involves a change in legal interest, explore our Commercial Transfer of Equity services for straightforward, practical guidance.
Why Choose GloverPriest?
Our commercial property team have a wealth of experience and comprehensive legal knowledge, committed to providing exceptional service to our clients. We handle the legal side so you can continue to run your business without hindrance.
With GloverPriest, you can rely on:
- Extensive experience across retail, leisure, industrial, agricultural, and mixed-use properties
- Straightforward legal advice – tailored to your business and goals
- Rated 4.9 stars on Review Solicitors – trusted by thousands across the Midlands and beyond.
- Clear communication and joined-up working with your other advisers where needed
Let us help you streamline your commercial property transactions with confidence and clarity.
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