What is the drainage water search for?
The drainage and water search will identify whether the commercial property is connected to mains drainage and water supplies.
The drainage and water search will identify whether the commercial property is connected to mains drainage and water supplies.
It is extremely important a local authority search is carried out if you intend to purchase a commercial property. Amongst other things the local authority search will reveal: planning permissions affecting the commercial property (and any breaches of planning); whether…
Undertaking commercial property searches form part of your solicitors title investigation to a commercial property. They will help to ensure that your title to the commercial property is good and marketable. We have listed some of the more common commercial…
Buying a commercial property can raise a number of issues unique to a commercial rather than, for example, a residential property. These issues might be in relation to tax, the condition of the property, planning or the title, for example…
Buying a commercial property is often a large investment in your business. It is important that you instruct a commercial property solicitor to assist you with your purchase. A commercial property solicitor will investigate the title to the commercial property…
Residential service charges: business briefing This business briefing explains what a service charge is, when consultation is required, what the penalties are for failing to comply with the consultation requirements and what the time limits are for making service charge demands.…
Relief from capital gains tax on incorporation of a business Taxpayers that actively manage their property lettings and wish to incorporate their business will welcome a recent decision in the Upper Tribunal (Tax Chamber). The Upper Tribunal determined that the…
Permitted development rights in relation to business premises This business briefing sets out the recent changes to the planning laws that have increased permitted development rights in relation to business premises and the re-use of existing buildings. What is permitted…
Business rates exemptions – empty non-domestic property This business briefing sets out the exemptions from business rates for non-domestic properties. Retail property 100% relief for a continuous period of three months only. Changes of ownership during the three-month period do…
The negative stance of most mortgage companies regarding funding investment into properties with a short lease creates great difficulties for investors and apartment owners alike, who find their property declining in both value and saleability. If purchasers cannot secure the…