Taking on your first commercial premises can be one of the most exciting milestones for a new business. However, many business owners are surprised to discover that the annual rent is only a fraction of the true cost of occupation. Understanding these costs before signing [...]
Buying your first commercial property is exciting. Whether you're opening new business premises, expanding your company or stepping into property investment, owning commercial property can be a significant milestone. However, commercial purchases are very different from buying a home. Hidden costs, legal issues and unexpected [...]
If you’re considering buying a commercial property as an investment, or for your own business, it can be tempting to just focus on negotiating the price and finding the right location. But behind every successful deal, when it comes to purchasing a commercial property, lies [...]
Whether you’re opening a shop, expanding an office, or redeveloping a warehouse, chances are, you’ll need to think about planning permission. The rules around planning permission for commercial property can feel complicated, but understanding the basics is key to avoiding delays, unexpected costs, or even [...]
If you are nearing the end of your commercial lease, whether you are a landlord or tenant, you may be wondering if your lease falls inside or outside the Landlord and Tenant Act 1954. Leases that fall inside the Act generally mean you will have [...]
If you’ve ever worked in a shared office with a mix of freelancers, start-ups and small businesses, you’ve probably been in a co-working space. While they are flexible, convenient and increasingly popular, the agreements that make them possible are very different from a traditional commercial lease.Here [...]
When entering into a commercial lease, tenants and landlords often overlook Stamp Duty Land Tax (SDLT) until the bill arrives. It’s a tax due to HM Revenue & Customs (HMRC) on both the upfront premium and the net present value (NPV) of rent. Understanding how [...]
In the world of commercial property and evolving business needs, lease agreements often need to be adjusted. There can be several circumstances that bring about the need to change an existing commercial lease such as business restructuring, relocation, or financial reasons. Within the legal framework [...]
Starting a business is one of the most exhilarating and challenging endeavours you can undertake. Whether you are inspired by a groundbreaking idea, driven by the desire to be your own boss, or looking to make a positive impact on the world, the path to [...]
East London is where I grew up and from 2003, I worked as a legal secretary for a legal 500 firm in their conveyancing department on commercial, new build and residential matters for 8 years as well as attending night school for 2 years doing [...]
