Not all commercial property will be bought and sold through agents. Auctions, for example, can generate more interest in a sale (or mean you get a bargain) and result in a much quicker transaction. Securing an option agreement, particularly on land for business or residential development, can also be beneficial for buyer and seller.
Commercial property auctions are not for the faint hearted; once the gavel falls you are legally obliged to sell or buy. It makes sense then to get good legal advice before you dip your toe into the water.
Our highly experienced team of solicitors can draft the conditions of sale if you are selling. If you are intending to buy a property at auction, it is crucial you give us details of the property before you bid so we can advise you on the results of any searches and any sale conditions you need to be aware of.
An option agreement, giving someone the right to purchase property or land within a specified period of time, can be beneficial for both buyer and seller. Our experts can help you negotiate an option agreement that works for you, whether you are developer waiting for planning permission and wanting to minimise risk, or a landowner wanting to maximise the value of your property.
We only use qualified and highly experienced commercial property solicitors, who don’t just provide sound legal advice, but will have a clear perspective and understanding of your particular circumstances.