Purchasing A Building | Legal Advice For SMEs

Buying a property can be a big step for a small or medium-sized business, especially if you have only taken out leases in the past. Specialist property lawyers can help you avoid any pitfalls and ensure the transaction runs as smoothly as possible.

We have a dedicated team with years of experience in property law. We know that small and medium-sized businesses need cost-effective and transparent solutions, so we’ll break down our fees into clear sections and stages.

The Steps To Buying Business Premises

Once you have found the property that you want, you should agree heads of terms with the seller. This will help both you and the seller to identify your requirements and avoid misunderstandings later in the purchase. Read our tips on heads of terms for a purchase of property

Once you’ve agreed heads of terms, the seller should provide you with a due diligence pack that includes title documentation, contractual documentation and other technical information.

We can help you to review the due diligence information and identify any potential problems with the property or the purchase. We will also help you carry out searches and review and advise on the contractual documentation.

Buying A Property At Auction

You can get good prices on property at auction but the process is very different. The onus is on you to instruct a solicitor to review the documents before the auction and identify any potential problems. The documents cannot be changed after a bid has been accepted so you need to do your research thoroughly.

We can help you with the pre-auction review and advise you on the steps to take once your bid has been successful.

Contact Us For Help Buying A Property

If you’re looking to buy a property for your business and would like legal advice, contact Paul Barnard on 0161 838 3142 or get in touch online.

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