What are solicitor’s fees for leasing a commercial property?
The landlord’s solicitors usually prepare the lease, which the tenant’s solicitors then review. Negotiations occur, revisions are exchanged, and a final version of the lease is drafted. Tenants typically meet most or all a landlord’s legal fees. Solicitor’s fees for leasing a commercial property vary because each transaction is different.
Davisons solicitors offer a fixed price for commercial leases with no hidden costs. If you would like an estimate of fees in advance so you can plan ahead, please get in touch with us.
How much are solicitor’s fees for buying a commercial property?
Conveyancing fees for buying commercial real estate include:
- Investigating the title deed.
- Carrying out Commercial Property Standard Enquiries (CPSEs).
- Making enquiries in the light of CPSEs.
- Negotiating with the seller’s solicitor.
- Making sure finance is in place to purchase the property.
- Exchanging contracts and transferring funds to the seller’s solicitor on completion day.
- Registering the property’s new ownership with the Land Registry.
- Paying Stamp Duty Land Tax to the HMRC.
Every commercial conveyancing transaction is unique, and there may be other disbursements involved, such as additional property searches and VAT to be paid. Please get in touch with our commercial conveyancing solicitors for a no-obligation quote.