Whether you lease or own, commercial property is a significant expense for any business. The disruption caused by the Coronavirus pandemic has resulted in stress and uncertainty for both landlords and leaseholders. However, change also brings opportunities – the demand for warehouse and fulfilment centre space is growing rapidly as companies focus on online sales. We have a wealth of experience in key areas of commercial real estate, including acquisitions, disposals, joint ventures, and re-organisations. Our Solicitors can advise you quickly and competently, providing you with the information needed to make key decisions.
Malik Asim Saeed, who is the firm’s Managing Partner, leads our commercial property law team. As one of the busiest legal practices in Middlesex and West London, we provide expert, fast, responsive legal advice, always ensuring you are kept updated as to how your transaction/situation is progressing.
“MTG Solicitors are professional and very efficient. They are easy to deal with and very pleasant. They are also cost effective and with excellent service. I would highly recommend MTG Solicitors.”
We hold a Law Society Conveyancing Quality Accreditation, meaning we have the expertise to deliver quality conveyancing advice, use a standardised process to recognise and reduce risk, and meet set expectations when providing conveyancing services.
Malik and his team can assist you with all commercial property matters, including:
Buying and selling commercial property
Our team advises clients in multiple sectors on the acquisition and disposal of commercial property. We can also advise on purchase structures such as unit trusts and limited partnerships. When it comes to financing commercial real estate, Malik and his team can provide guidance on a range of financial solutions.
Entering a commercial lease
Legal advice is crucial when entering into a commercial lease, especially in volatile economic times. From advising on security of tenure (or contracting out of the provision) to negotiating various terms, you can be confident our guidance will ensure your best interests are protected.
A break clause allows either a landlord or tenant to terminate a tenancy agreement early during a fixed term. We draft and negotiate break clauses for landlords and tenants, ensuring they are clear, concise, and, as much as possible, in your favour.
A commercial rent review involves adjusting rent owed to current market values. They normally occur every three to five years. We can assist with negotiating rent review terms at the beginning of a commercial tenancy, as well as advising and representing you if a dispute develops.
We can advise landlords and tenants on lease renewals, particularly on whether the tenancy is protected under the Landlord and Tenant Act 1954. Malik and his team can also provide expert guidance in situations where the lease will not be renewed for statutory reasons.
Termination of lease
Our commercial property Solicitors will advise you on serving notice correctly if you plan to terminate a lease. With solid legal advice, terminations do not have to be stressful or costly. We can advise on matters such as the outstanding rent that needs to be paid and dilapidation responsibilities, especially if the lease is a full repair lease.
Commercial lease disputes are increasing due to the economic impact of Coronavirus. We are experienced in all forms of alternative dispute resolution and will work to resolve your dispute as quickly and cost effectively as possible. If going to Court proves inevitable, we will partner with the most experienced commercial law barristers to ensure you receive the best result possible.
Malik and his team also advise on commercial lease contracts, assignment of a lease, subletting, dilapidations, and forfeiture. As a full-service law firm, we can assist you with any other legal matters such as business law immigration and commercial disputes.
To speak with one of our commercial property law team, please call us on 020 8754 5577 or complete the online form.