Boyes Turner's Commercial Property service specialises in advising businesses that own or occupy commercial property about their land interests.
The service works with clients as an integrated part of their team and builds long lasting relationships. It has a reputation for being particularly accessible and responsive.
Clients come from a wide range of sectors including retail, leisure, hospitality, logistics, storage and distribution (including industrial estates), manufacturing, financial services (banks and insurers through to private equity and pension funds), media, technology, telecoms, software and healthcare as well as public, not for profit and charities.
Expertise includes:
- Leases, agreement for lease, licences to occupy and other occupational agreements.
- Ancillary leasehold documents such as rent deposit deeds, guarantees, deeds of variation and agreements for landlord's and tenant's works.
- Underleases, deeds of assignment and licences for alterations and licences to assign or underlet.
- Freehold acquisitions, disposals and relocations.
- Development agreements.
- Finance, banking and secured lending.
- Renewal leases under the Landlord and Tenant Act 1954.
- Re-gearing of leases.
- Portfolio management.
- Advising on restrictive covenants and access, services and other rights.
- Sales and leasebacks.
- Pension funds.
- Statutory compliance and occupational liabilities.
- Break clauses and other exit issues.
- Strategic reviews of property requirements.
Recent work includes:
- Advising clients ranging from Computer Associates, Ericsson and Trader Media to high net worth individuals and trusts on their property portfolios. This has involved complex sale and leaseback transactions particularly of head quarters and other primary offices.
- Advising Seagate (the world's largest manufacturer of hard drives and storage solutions) on the relocation of its headquarters to a new office building in Maidenhead.
- Acting for a private school in connection with a new lease at a substantial premium from the Crown Estate.
- Advising on the relocation of a factory from its current riverside 4.5 acre site (to be redeveloped into a new supermarket, petrol station and restaurant premises) to a new bespoke light industrial unit to be erected on a greenfield site.
- Advising investors in respect of the acquisition of a chain of approximately 20 restaurants situated in prime south east and London locations involving property warranties, a disclosure letter and certificates of title.
- Concluding all letting documents within 48 hours from instruction for a property with a rental value in excess of £200,000 per annum.
For more information on the Commercial Property service please contact Mark Appleton on 0118 952 7244 or email [email protected]
