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What happens during a Sale of a Commercial Property

It's important when selling a commercial property, that you are aware of the process and documents required to complete the transaction and to satisfy the buyer. We have provided a brief summary of the steps taken by us as your solicitor when dealing with the sale of a commercial property: Step 1 After we have been instructed and the heads of terms have been agreed, we will prepare a draft contract which we will send to the buyer’s solicitor for approval. We will also provide up-to-date Land Registry title documents…

Commercial landlords – What are your obligations?

If you choose to invest in commercial property rather than domestic stock and then rent it out, then, as with domestic rentals, you have to meet certain obligations to both maintain the condition of the building and to look after the interests of your tenants. If you are thinking of moving into commercial property rental is to make sure you have a good solicitor on your side – one who’s well versed in the finer points of lease negotiation, commercial property and that all-important Landlord and Tenant Act 1927. Negotiating…

Huseyin Youssouf

Interview with Huseyin Youssouf of our Commercial property department

Interview with Huseyin Youssouf, Partner in our Commercial property department Q: How long have you worked at Bowling & Co? A: Since 1 January 2000, 19 years and counting. Q: What areas of law do you mainly deal with? A:Commercial property/ Finance, Businesses, High street shops, hotels, care homes, golf course as well as the usual plethora of investment properties and Residential property Q: What aspects of law first attracted you to the profession? A: From the outside it seemed like a prestigious, respected and well rewarded profession. I was…

Interview with Huseyin E. Huseyin our Senior Partner

Interview with Huseyin E. Huseyin our Senior Partner Q: How long have you worked at Bowling & Co? A: Since January 2004.  Q: What do you find interesting about the Commercial Property work you do? A: Every day is a different challenge. You certainly can say you learn something different every day. Q: Who or what inspired you to become Lawyer? A: Watching a popular series on the TV called 'Crown Court' (which ran from 1972 to 1984), a Court room drama - my mother subjected it to me almost…

Landlords must check they hit the spot with deposits

Claims for incorrectly handled property rental deposits are soaring and landlords should be alert to the danger and ensure they or their agents are complying with the legal requirements, if they want to avoid high penalties. According to figures from insurers, the number of claims relating to deposits peaked at 25% of all professional indemnity claims made by estate and letting agents in the first quarter of this year, up from just 3% last year 1.  The claims most often relate to a landlord lodging a deposit late or failing…

Tree Hugging: What is the law surrounding Tree Preservation Orders

Barely a day goes by without a local newspaper recording the infringement of a Tree Preservation Order (TPO). These are often accompanied by protestations from the accused claiming they had no idea that a TPO was in place and, more frequently, detailing the fines imposed against them. TPOs were introduced in 1947, giving local planning authorities the power to protect and preserve individual trees and woodlands. However, given the amount of prosecutions brought by local councils, it appears that this piece of legislation may not be fully understood by the…

Sign of the times – do you need planning permission for a sign?

Everyone knows that you may need planning permission if you’re extending your house, adding a new building to your business complex, or even putting up a large wall. But did you know that you may also need permission for a sign? It all depends on how big the sign is, and whether it’s an illuminated design or a simple temporary banner. If you want to display an advertisement on the front of your property that’s larger than 0.3sq metres then you might need to apply for advertisement consent. That’s not…

Converting commercial property in residential housing

Commercial property re-development (where previously commercial buildings are transformed into residential units) is a current growth area. For example, a run down old factory site could be purchased for say, £250,000 and (subject to the usual planning obligations) converted into 10 residential units, with an estimated value at £150,000 each. This could provide a potential profit for the developer or investor willing to invest in converting the building. With the government encouraging commercial to residential conversions, and with a good supply of old offices, shops and industrial properties up for…

2018 EPC regulations: Notes for Landlords

We all want to be greener, more energy efficient, and have warm, comfortable homes that don’t leak heat or let in the cold. If you’re a landlord, though, you now have a responsibility to ensure your rental properties are energy efficient. After much to-ing and fro-ing, the 2018 EPC regulation amendments have finally landed, with the changes finalised by the Dept. for Energy & Climate Change. In a nutshell, it means it will be unlawful to let or lease a property (both residential and commercial) that has a poor EPC…

Top 5 tips for successful commercial business relocation

It’s said that moving to a new house is one of the most stressful events of your life. If you’re moving your business, then you have a completely different set of things to worry about. Rather than ‘Where’s the kitchen box with the kettle gone?’ it’s more ‘Where’s the box with the server gone!’. You’ve also got to make sure that a move doesn’t cost you more than just the price of the removals van, and that your business doesn’t suffer as a result. Business relocations should be smooth transitions…

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