Buying or Selling
Our property team can provide advice and assistance to clients acquiring commercial property either as an investment opportunity (such as for Jersey resident trustees or companies) or for clients who require the premises for their existing business needs, be it warehousing, hotels or guest houses, extra office space or industrial units.
We are often brought in to assist other Jersey based practitioners with English commercial property concerns that can arise on the sale of a business or its assets.
We work with the client and their accountants to ensure that the transaction takes into account the client’s concerns as to VAT and, where relevant, Capital Allowances.
We advise clients on the statutory obligations that may attach to the particular type of property or those which are of a general nature such as asbestos, fire regulations or environmental obligations.
If the property is already tenanted we will provide a report on the acceptability of the lease from an investor’s perspective. If the property is to be tenanted we can draft an appropriate lease with supporting guarantees if required. (see Business Tenancies.)
We appreciate that commercial transactions often demand urgent action, can be complex or of a high-value. Our aim is to work with our clients towards making the project a success, providing them with thorough detailed advice and assistance within their required timescale.