Once you have found the right property that fits in with your objectives and budget, there are several steps in the commercial conveyancing process that we will support you with:
The finance - you will need to consider your options for financing the purchase, for example using cash reserves, third party investment, bank finance or using your pension fund.  It is also at this stage that you may wish to obtain a survey of the property while we carry out the due diligence;
Due diligence and searches - this is one of the most important stages which will include raising pre-contract enquiries, usually by reference to the Commercial Property Standard Enquiries (CPSEs), inspecting the title and carrying out searches.  The type of searches we carry out depend on the property, its location and your requirements. The searches will generally include a local search, drainage and water search, environmental and flooding search and a chancel search. Should there be any complications or queries, we will address them at this stage and keep you fully informed of progress;
The Contract and Transfer - alongside carrying out the due diligence, we will negotiate the form of Contract and Transfer that will protect your interests and leave no room for ambiguity;
Exchange and completion - this will involve exchanging contracts, which will mean you are legally tied into the deal, at which point a date will be set for completion when you become the legal owner if you are purchasing the property, or you receive the sale proceeds if you are the seller; and
Registration and outstanding payments - the final stage will be to register the property with the Land Registry and settle any outstanding Stamp Duty Land Tax that may be due.