Commercial Lease Packages
Gold
This is a fully comprehensive service to include the following:
- Searches (local authority, drainage and environmental);
- Enquiries from landlord or landlord’s solicitors;
- Negotiation of any amendments to be made to the draft lease;
- Registration of the lease at the Land Registry;
- Preparation of the stamp duty land transaction return (which will need to be completed even though Stamp Duty Land Tax will not be payable).
Searches are not compulsory but please consider the following:
- Peace of mind to ensure you know as much about the property as possible.
- A local authority search is a form of enquiry that is made by the local authority and can reveal matters such as:
- Planning enforcement notices, and
- local road proposals.
- A drainage search will reveal whether the premises are connected to mains drains and water.
- Now that environmental issues are becoming more of a concern, if an environmental search is not carried out, you as the tenant under a lease could be responsible for cleaning up pollution on the land.
from £1,00.00 (+ VAT and disbursements)
Silver
On the basis of a less comprehensive service:
- No searches;
- Basic enquiries relating to insurance and the landlord’s title to the premises; Negotiation of any amendments to be made to the draft lease;
- Registration of the lease at the Land Registry;
- Preparation of the stamp duty land transaction return.
from £850.00 (+ VAT and disbursements)
Bronze
A basic service to include:
- Preparation of a report on the draft lease;
- Registration of the lease;
- Preparation of the stamp duty land transaction return.
from £675.00 (+ VAT and disbursements)
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