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Commercial conveyancing can appear daunting to the uninitiated especially to those entering the commercial world for the first time. The key is to seek appropriate advice from the various professionals involved in such transactions but especially to make use of a suitably qualified and experienced commercial property lawyer.

There are four principal sectors in the commercial property market, namely:

  • Retail - shops, department stores, shopping centres
  • Offices - purpose built office units, business parks, offices over shops
  • Industrial - factories, warehouses, industrial parks
  • Leisure - pubs, restaurants, hotels

Many people have a rough idea of the procedure involved in buying a house – find a property, arrange a mortgage, instruct a solicitor to do the paperwork, exchange contracts, complete the transaction and then move in! Seems simple enough but as anyone will tell you who have recently bought a home the truth is somewhat more complex. Imagine then taking that residential conveyancing procedure and applying it to the purchase of a cafe or a shop or offices or a factory unit or development land, then complexity becomes the norm!

With commercial conveyancing there are far more matters to be taken into consideration than is the case in an ordinary house purchase. The buyer of commercial premises is likely to have a team of professionals working with him to see the deal through including accountants, planners, surveyors, financial advisors, architects and builders as well as the solicitor handling the legal paperwork.

Goldsmith Williams has a commercial team well equipped and able to assist you in your transaction.

Goldsmith Williams Solicitors, Mersey Chambers, 5 Old Churchyard, Liverpool, L2 8GW. Tel: 0845 373 3737. Vat Number: 414 517 669. We are regulated by the Solicitors Regulation Authority under number 48089. Copyright © 2010 Goldsmith Williams. All Rights Reserved
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