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Print this pageCompany Property

At Cozens-Hardy LLP, we can advise you on a range of non-residential property matters including pubs, restaurants, shops, offices and business units. We can assist you if you are an individual, a partnership, a limited liability partnership, a limited company, a charity or other non-incorporated body.

Many new businesses will acquire premises by way of the grant of a new lease or the assignment of an existing lease. This is often seen as a cheap and easy option when starting up, but it can prove to be expensive if the proper advice is not sought and given. Any lease will usually have been drafted by the landlord’s solicitor and will be inherently unfair to the tenant. Our job, when presented with a new lease, is to try and redress the balance by seeking amendments to that lease – and, if dealing with an existing lease, then we will advise you of the pitfalls of taking on that particular lease so that you can make an informed decision as to whether to proceed or not. It is not usually possible to amend the terms of an existing lease.

There are a range of issues to consider when entering into a lease, the more important ones being those concerning repairs, authorised use and assigning/sub-letting. The wording of any break clause and/or rent review provisions also need careful attention. These issues are relevant whether you are a potential landlord or potential tenant.

We also act for:

• Individuals, partnerships and companies purchasing land for redevelopment (residential, industrial and/or retail development)
• Parties entering into a joint venture involving the purchase and development of land
• Joint owners entering into an agreement for the promotion of land for development and eventual sale
• Land owners granting an option to developers who wish to obtain planning permission and then buy the land for development
• Property owners who are required to enter into a planning agreement with the local planning authority and/or other authorities as a condition of obtaining planning permission