Commercial Property Acquisition

Commercial Property Acquisition

It may be a challenging time to be in business, but it’s a good time to find a new business space as there are some interesting opportunities around and attractive deals on offer for occupiers looking to buy or rent property.  There is an increasing supply of commercial property coming to the market across most use classes and now could be an opportune time to take advantage of this.

We have detailed market insight and are seeing the ever-changing terms on offer. Acquiring commercial premises comes with many challenges and without expert advice it is easy to enter in to onerous lease terms and not maximise the full financial incentives that could be on offer.

For commercial owner occupiers and tenants relocating or finding their first premises, we offer a service which provides advice from start to finish, improving the property acquisition experience and taking advantage of the best terms available.

A meeting to go through your requirements and details is the best way to start things off and part of the service we can provide is as follows:

  • Agree property search criteria including use, size, budget and location etc
  • Using our contacts and databases provide a schedule of suitable options
  • Arrange viewings and assistance with inspections
  • Advice on lease terms, rental values and market incentives
  • Provide and negotiate heads of terms on tenants behalf
  • Measure and agree floor areas
  • If required provide schedule of conditions to limit repair liability
  • Assist with introducing fitout companies that suit requirements
  • If required liaise with solicitors through to completion

Where we are not acting for the landlord we are able to provide the acquisition service.

Even if you are a strong negotiator it is normally best if you don’t try to go it alone. A good acquisition agent is essential, we know what landlords have been offering to lure tenants and we will also be able to find off market opportunities.  We therefore look to achieve significant savings on behalf of the client. If you would like to discuss any of this in more detail then please contact Ashley Medway on 0207 043 0111.