Surrender & Grant of New Lease

Buildings

We acted for a large pension fund who own mixed use premises in central London. The premises had been vacated by a national brand, in breach of their lease and a new tenant had been found. There were ongoing negotiations for a new telecommunications licence which was only going to complete after the new lease… Read more »

Surrender of Lease & Sale to Undertenant

Meeting

We acted for a group of four owners of commercial premises that was subject to a lease and sub lease. It was agreed that the current tenant would surrender the lease with a large payment to compensate our clients for dilapidations and on the same day as the surrender, the property would be sold to… Read more »

Covenants

Signing Document

A covenant that is placed on a property in a previous transaction and binds the land and anyone who takes that land, can have great financial implications, though often disregarded by clients as ‘just on paper’ until the real implications are drawn to their attention. We acted for a GP Practice who wanted to purchase… Read more »

Buying and selling at Auction

If you are selling at auction we can prepare the auction pack for you and deal with completion if the property sells before or at auction, to help make things easier for you. There are no strict rules about what is contained in an auction pack, but good practice dictates that it would contain everything… Read more »