For business owners and developers wishing to sell commercial property, The Sethi Partnership Solicitors’ commercial property team can provide essential advice and support to ensure that your transaction is completed as quickly and seamlessly as possible.
Our solicitors have a comprehensive understanding of the commercial property sector and a proven track record in delivering legal services that are uniquely tailored to the needs of our clients’ businesses. Whatever industry you are operating in, you can be sure that you will receive advice that is clear, practical and commercially focused.
Our commercial property solicitors can support you to reach an agreement with the buyer and their representatives on Heads of Terms, which set out the essential points of the transaction including price, the nature of the property being sold, timescales for the transaction and any special conditions. We can take the lead in preparing a contract package, including a draft sale contract, title documents and replies to Commercial Property Standard Enquiries (CPSEs), which will then be forwarded to the buyer.
As part of our client-focused service, we will take the time to develop a thorough understanding of your commercial goals and draft a contract of sale that reflects this. Should you have any questions, our commercial property team will be available to answer these promptly and will keep you up to date on any developments throughout your transaction.
Once the contract of sale has been signed, we will contact your lender to ask for a settlement figure if a loan is secured against the property. We will act on your behalf to ensure that the buyer pays the deposit and that contracts are exchanged promptly. Finally, your commercial property solicitor will oversee the handing over of keys and provide you with a signed transfer deed and accompanying documents.