Selling Commercial Property Solicitors in Richmond

Selling Commercial Property Solicitors

Location:
Richmond

London Office Address:
125 Old Broad Street
London
EC2N 1AR

View our London office

Telephone:
020 8049 5888

Map:

Selling a building while continuing to occupy it changes a business from owner to tenant. Paul Robinson Solicitors advise commercial property sellers in Richmond on the legal relationship between a disposal and a proposed leaseback. The proceeds of sale should be considered alongside the future occupation commitments, rather than treating the lease as a minor document added at completion.

For advice about a property matter in Richmond, contact our London office. The office address and map above show where the team is based. Call 020 8049 5888 to discuss your requirements.

Negotiate the occupation bargain early

Identify the space required, intended use and the practical flexibility your business needs. Rent, repairs and other lease obligations can materially affect the commercial result. We review the proposed terms with you and identify specialist input where needed. A favourable sale price should not distract from continuing liabilities or restrictions that may shape how the business operates after ownership has changed.

Link the sale and lease documents

If continuing occupation is essential, the transaction structure must reflect that dependency. We consider how the transfer and lease are intended to complete together, alongside title enquiries and buyer requirements. Do not assume a general promise to grant a lease gives the protection of an agreed document. Both parties should understand the property interest being sold and the occupation interest being created.

Prepare for the change in role

Review how insurance, services and property management will work after completion. Matters previously decided as owner may become subject to lease obligations or consent requirements. We explain the legal commitments and coordinate completion documents within the instruction. Your financial and tax advisers should assess the wider economics, while the property advice focuses on the actual rights and responsibilities of the linked transaction.

Frequently asked questions

Is a sale and leaseback simply a normal sale with permission to stay?

No. The lease creates a separate set of rights and obligations that needs full consideration. The documents should be coordinated so the sale and continuing occupation reflect the intended bargain and its dependencies.

Can I negotiate the lease only after accepting the sale contract?

That can leave important uncertainty. Discuss the occupation terms before becoming bound, particularly where your business cannot leave, so the disposal is not committed on the assumption that a suitable lease will later be agreed.

Will I retain the same freedom to alter the building after leasing it back?

Not necessarily. The lease may impose restrictions or consent requirements. Review your plans against the proposed terms rather than assuming that former ownership preserves control once the buyer becomes the landlord.

For wider advice, visit commercial property solicitors in Richmond and our commercial property solicitors in London hub. Read more about our main commercial property service.

Related commercial property services in Richmond

• Buying Commercial Property Solicitors in Richmond
• Commercial Lease Solicitors in Richmond
• Property Development Solicitors in Richmond
• Commercial Property Litigation Solicitors in Richmond

Book an Appointment

If you need commercial property advice in Richmond, contact our team today. We will help you understand the next steps and work towards a practical outcome.