Talk to one of our advisers

01502 533000

Beccles

01502 718700

Gorleston

01493 652204

Great Yarmouth

01493 849200

Halesworth

01986 872513

Lowestoft

01502 533000

Norwich

01603 510904

We can assist and guide you through the process of buying and selling freehold or existing leasehold property including:

  • Preparing and considering contract documentation and ensuring provisions relevant to the property and the transaction are included.
  • Preparing or considering enquiries and where appropriate replies to enquiries relevant to the property and the proposed transaction.
  • Acting on behalf of lenders or dealing with enquiries raised from Solicitors instructed by lenders.
  • Advising on title issues and offering practical solutions to issues which are identified.
  • Submission of Stamp Duty Land Transaction Returns to HMRC.
  • Preparing documentation for transfer of parts of registered titles or plots in development of land and considering and including all relevant rights covenants and provisions required.

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We are experienced with dealing with commercial leases, whether relating to offices, industrial units, retail premises, land or any other property.

We advise both landlords in respect of the drafting of lease agreements and also tenants upon the content of lease documentation and negotiation and perfection of the terms.

A lease is a complex legal document which governs the  occupation of a premises, and can impose a considerable burden on the tenant.  We will explain these obligations and requirements in clear and simple terms allowing clients to make commercial and reasoned decisions in relation to a leasehold transaction. We can provide a tailored service to suit your needs ranging from drafting lease documentation for landlords or considering and reporting to a tenant on the terms of a lease, through to dealing with the entire transaction on behalf of either party including the drafting of documentation, negotiating terms, dealing with enquiries and completion and registration where appropriate of the lease at Land Registry.

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From time to time a business may need to raise finance or make new finance arrangements which involve a legal charge being granted over property in favour of a  lender as security. 

This situation can arise whether borrowing is a commercial mortgage, bridging finance, overdraft facilities or other lending requiring security.  The property may be owned by the borrower or may be in the ownership of  a third party such, as a director or personal guarantor to the loan.  We are approved by a number of commercial lenders to act on their behalf allowing the firm to act on behalf of both you and your lender where no conflict of interest arises.  We can also assist where the lender instructs their own solicitor and assist with dealing with the enquiries and requirements of the lender.

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The sale or acquisition of a business as a going concern can be a complex process.  We will assist with every aspect of the transaction providing sensible and commercial advice relevant to the specific nature of the business, and to assist the smooth progress of the transaction.  We will draft contract documentation, deal with due diligence enquiries, consideration and inclusion of appropriate warranties and indemnities,  advising in  relation to the transfer of employees, and any property to be transferred.

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Our specialist commercial lawyers can advise in respect of development land and are experienced with acting for both landlords and developers including:

  • Contracts for the sale or purchase of land conditional on planning consent being obtained, or other conditions being satisfied.
  • Acquiring land for development.
  • Option Agreements for land including transactions imposing positive obligations upon developers to seek planning consent for development prior to exercising the option to purchase.
  • Overage Agreements – ensuring that landowners are entitled to receive further consideration in the future and sometimes many years after the sale has completed  if planning consent is obtained for development or other conditions arise which result  in an increased value of the land in the future.

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Visiting Us

  • Get Direction
    Address:
    148 London Road North
    Lowestoft
    Suffolk
    NR32 1HF

    Tel: 01502 533000
    Fax: 01502 533001
    DX: 41200 LOWESTOFT
    Email: enquire.lowestoft@nortonpeskett.co.uk
  • Get Direction
    Address:
    141 King Street
    Great Yarmouth
    NR30 2PQ

    Tel: 01493 849200
    Fax: 01493 849201
    DX: 745240 GREAT YARMOUTH 5
    Email: enquire.yarmouth@nortonpeskett.co.uk
  • Get Direction
    Address:
    Exchange Square
    Beccles
    Suffolk
    NR34 9HP

    Tel: 01502 718700
    Fax: 01502 718709
    DX: 51450 BECCLES
    Email: enquire.beccles@nortonpeskett.co.uk
  • Get Direction
    Address:
    Old Bank House
    66a Bells Road
    Gorleston
    Norfolk
    NR31 6AF

    Tel: 01493 652204
    Fax: 01493 653462
    DX: 41050 GORLESTON
    Email: enquire.gorleston@nortonpeskett.co.uk
  • Get Direction
    Address:
    52 Thoroughfare
    Halesworth
    Suffolk
    IP19 8AR

    Tel: 01986 872513
    Fax: 01986 875484
    DX: 51202 HALESWORTH
    Email: enquire.halesworth@nortonpeskett.co.uk
  • Get Direction
    Address:
    23 Cathedral Street
    Norwich
    Norfolk
    NR1 1LU

    Tel: 01603 510904
    DX: 5202 NORWICH
    Email: enquire.norwich@nortonpeskett.co.uk
Norton Peskett Solicitors