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Property - General Property Acquisition and Disposal We have extensive experience in the acquisition and disposal of commercial properties of all kinds from offices and light industrial units to specialist factories and warehouses. In addition we have experience in dealing with acquisition and assembly of development sites involving the following:
Property Developmenttop Securing Planning Permission We offer the fullest Town and Country Planning advice and assistance in respect of any development proposal, from preliminary investigation and negotiation with the local planning authority, formulation and submission of planning applications through to the conduct of appeals to the Courts. Planning and Infrastructure Agreements As the planning and development processes become more complex, so do the ancillary statutory agreements into which developers are required to enter. A thorough knowledge and understanding of the relevant statutory framework is essential, and failure to devote careful attention to the terms proposed and to the drafting of the documentation can have quite disastrous and far reaching consequences. The relevant documents include roadmaking agreements, drainage agreements, street lighting etc. Engagement of Professional Team A wide choice of arrangements are available and our expertise can assist you in the choice of the most appropriate route to follow, and in the conclusion of effective contractual documentation. We advise upon the appropriate construction contract, project management agreement and similar matters. Should a dispute arise, our lawyers are available to achieve a swift and satisfactory determination. Property Fundingtop Funding Arrangements A multiplicity of different funding arrangements is potentially available. We are able to offer considerable experience and assistance in presenting proposals and securing the most appropriately structured finance. This could range from straight-forward debt finance from banks or other institutional lenders, secured by charge documentation, to more intricate equity linked and participation arrangements. Joint Venture and Consortium Agreements Detailed examination of terms and careful attention to drafting of the documentation are required in order to provide the firm foundation upon which the relationship between the parties will flourish and the project proceed to a profitable conclusion. Our team possesses commercial expertise and imagination as well as legal and technical skills. Planning & Environmenttop Planning and environmental legislation is one of the most complex, technical and fast-changing areas of the law today. Now, every commercial activity is examined for its potential to create environmental problems. Fletcher & Lawson is able to assist its clients with: Planning Issues such as:
Leasehold Propertytop Modern leases are complex documents. Relevant law and market practice are ever changing in order to accommodate the additional flexibility demanded by business tenants in today's economic climate. For a landlord, a defective, or merely inadequate lease can severely affect the marketability and value of his interest in the property. For a tenant an exceptionally onerous lease could severely affect the profitability of his business. The tenant must also be aware that his obligations may continue after disposal of the lease (notwithstanding the principle of privity of contract) and we will advise upon the best way to minimise this liability. We act for both landlords and tenants and can give swift practical advice on all types of leasehold transactions. Working closely with other divisions in the firm we offer advice on value added tax and other taxation implications where appropriate and will negotiate the terms of the documentation to your best advantage within commercial time constraints and the reality of the market place. Rent Reviews & Property Managementtop In view of the continually changing law in the construction and interpretation of rent review and other provisions in leases, it is increasingly important that both landlord and tenant have access to experienced professional advisers to assist in dealing with rent reviews. Developments in law between each rent review can place one party or the other at a considerable disadvantage. The impact of the construction and interpretation of rent review and other provisions can have a significant financial effect. As the level of rents change there is more for either party to gain or lose. Uncontested rent reviews will be achieved less often. We are able to advise upon the steps to be taken at review, whether the lease provides for the rent to be decided ultimately by arbitrator or expert and upon the interpretation of the review provisions in the light of decided law at the time. We are also able to provide prompt and practical advice to both landlord and tenant during the course of a lease as to the interpretation and consequences of the various covenants and conditions. Typically, this will include advice in relation to subletting, repairs, alterations and service charge provisions. We act for a number of clients who own substantial portfolios of mixed leasehold and freehold properties. We have consequently developed the expertise necessary to provide in a streamlined and efficient way advice on the issues that will inevitably arise from time to time. |
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