Buying and Selling Commercial Property

When buying or selling commercial property, it is understandable for the money side of things to be your first priority – how much are you paying or getting and what are the other costs involved? The legal side of things might seem like a mere technical formality.

The reality is that having the right legal advice and support for real estate deals can make all the difference.

As well as helping to ensure you get the right terms and that the transaction goes ahead smoothly, an experienced real estate lawyer can also spot potential problems and opportunities you might miss. This can save you a lot of money or even help you to make more money through smart decisions.

Longmores Commercial Property team are the market-leading experts you need by your side.

We can help with all aspects of buying and selling commercial property, including:

  • Buying and selling business premises
  • Buying and selling real estate for investment
  • Land sales and purchases
  • Commercial property financing
  • Commercial property considerations when buying or selling a business

Having achieved recognition from leading client guides the Legal 500 and Chambers & Partners, we have become the go to firm for clients who want seasoned, commercially astute real estate legal services.

Our commercial property solicitors regularly advise clients across Hertfordshire, London and further afield, including:

  • Owners of commercial and industrial property
  • Owners of property portfolios
  • Private companies and corporate occupiers
  • Property developers
  • Property investors
  • Rural landowners

So, if you want to be confident that your commercial property deal will go the way you need it to, with no nasty surprises, working with Longmores is a safe investment.

Speak to our commercial property solicitors in Hertford

To discuss buying or selling commercial property with our friendly, expert real estate lawyers, please get in touch.

01992 300333                     Ask a question 

Why trust Longmores Commercial Property team with your real estate deal?

200 years of history, but a very modern approach to real estate

For over 200 years, Longmores has been helping clients with their property. But that does not mean we are stuck in the past. Rather, we have stuck around because we are constantly adapting and changing to meet the needs of our clients and the market.

What does this mean for you? That we will tailor our approach to your priorities and that we know all of the latest issues, ideas and tools we can use to simplify and speed up your transaction, while cutting out unnecessary costs wherever possible.

We are happy to work face-to-face, over the phone, by email or through videoconferencing, delivering a first-class service that fits around your schedule.

Independently recognised commercial property expertise

Longmores is accredited in a number of areas by leading client guides the Legal 500 and Chambers & Partners, including for our commercial property/real estate expertise.

Our highly experienced Commercial Property team includes:

A truly personal service tailored to your needs

When you work with our Commercial Property team, you will deal with the same people from start to the finish. That means the person handling your transaction will know you and you will get to know them.

Whenever you have a question, you will always be able to speak to the right person and we’ll never leave you sitting around wondering how things are progressing or what needs to happen next – we make sure to keep you up to date at all times.

How we can help you with buying and selling real estate

Buying and selling business premises

Looking to acquire or dispose of premises for your business? Our commercial property lawyers can help the deal go ahead on time and on schedule, as well as making sure every issue you need to think about is taken care of, protecting your business and investment.

Buying and selling real estate for investment

Investing in property can be a shrewd move, but only if you make the right decisions when acquiring or disposing of an investment property.

Our commercial property solicitors can guide you through the sale and purchase of investment property, as well as assisting with issues such as commercial leases and tenancies, and investment property portfolio management.

Find out more about how we can help you with investment property.

Land sales and purchases

If you are in the market for a development site or have a piece of land you are looking to commercially exploit, there are a wide range of issues to think about beyond just the purchase price and all the money you stand to make.

Our real estate solicitors are experienced in advising landowners and developers on issues including:

Commercial property financing

When investing in commercial property, having the right financing on the right terms can be just as important as the deal you make for the property itself. Our team have extensive specialist experience in commercial property finance.

Having acted for both borrowers and lenders for many years, we understand both sides, so can help give you the best chance of getting the money in place for your deal quickly and on terms that match your overall commercial interests.

Our expertise includes:

  • Helping clients to secure bank financing for commercial property
  • Acting for lenders in carrying out due diligence for property financing
  • Refinancing commercial property

Find out more about how we can help you with commercial property finance.

Commercial property considerations when buying or selling a business

Real estate is often a key part of a business’s assets and frequently the most valuable. If you are buying or selling a business with property assets, it is therefore essential to make sure they are handled the right way.

Our commercial property solicitors can advise on the best approach to dealing with real estate during a business sale. Where appropriate, we can call in expertise from our highly talented Company and Commercial team who will be happy to handle the sale of your business or advise on any specific issues that need to be addressed.

Our commercial property law fees

When making a commercial property deal, every cost needs to be carefully considered, including legal fees. Our team understands this and is proactive in making sure our fees represent good value for our clients, while allowing us to offer the best possible service.

We will provide a clear cost estimate at the outset and any additional expenditure will be agreed in advance, so you always stay in control.

Speak to our commercial property solicitors in Hertford

To discuss buying or selling commercial property with our friendly, expert real estate lawyers, please get in touch.

01992 300333                     Ask a question 

Case Studies

  • Simultaneous farm land sale and purchase worth £6million Our Commercial Property team acted for a farming client on the simultaneous sale of farm land and purchase of separate farm land, including a loan relating to part of the purchase. The combined sale and purchase price was circa £6million. The sale and purchase were related to other sales for the parties, which all needed to tie in together. We were therefore liaising with several different sets of solicitors and agents to ensure that all the transactions completed simultaneously and in line with our client’s timescales.
  • Promotion agreement for residential development of greenbelt land worth in excess of £4million We acted for landowners in relation to a promotion agreement for the potential residential development of eight acres of greenbelt land for a potential price in excess of £4million. The agreement contained unusual provisions allowing the landowner to market and potentially sell adjoining land and the promotion land during the promotion period and included a right of pre-emption allowing the developer to buy the land if the owners received an offer from a third party. This gave our client maximum flexibility during what might be a long promotion period.
  • Sale of £4million property portfolio for supported living provider Our commercial property lawyers acted for a supported living provider on the sale of a small portfolio of properties to a large social housing provider for a sale price of over £4million with completion of the sale being conditional upon substantial works being undertaken by the seller. We worked with our Company and Commercial team who negotiated a service level agreement with the buyer under which the seller will continue to provide supported living services to the buyer.  The successful conclusion of the deal will form the framework of future transactions between the buyer and the seller and will be the foundation of their future business relationship.


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