Purchasing or leasing a new commercial property is an exciting step in the growth of any business. If you are ready to take this step, Claphams would be happy to assist you with any of your commercial property needs. We have vast experience in dealing with all property matters and our partner-led approach will ensure that you will receive the level of service that your business deserves.
Building Surveys
When buying any property, particularly a commercial one, it is imperative to check that the building in question is fit for its intended purpose. Before entering into a contract to purchase, you should ensure that the features of the building are to the required standard that you desire and that you have an idea as to the exact criteria you expect. For example, does the site come with parking for customers? Is the building in keeping with the Equalities Act 2010 for any Employees or customers? Are the facilities for gas and electricity as you expect? It is imperative that prior to entering into any contract, particularly in the case of a purchase of property, that you carry out due diligence. We would advise that, for your own peace of mind, you instruct a full building survey by an independent firm of Surveyors which details the legal boundaries of the property, the on-site facilities, insurance value and general state of the property (similar to a Home Report when buying a residential property).
It is essential that you satisfy yourself to this prior to entering into Missives with the seller. If you purchase a property, it is unlikely that you will have a form of recourse against the seller should you discover that the condition is not as you expected after the formal transfer of title.
Environmental Surveys & Coal Reports
It is also advisable to instruct an Environmental Survey and a Coal Report prior to entering into a contract to purchase a commercial property. An Environmental Survey would highlight any surrounding areas of contaminated land or if your prospective purchase is built on contaminated land. Similarly, a Coal Report will highlight whether a building has been constructed on land that was previously mined for coal. If it has been, there may be an increased risk of subsidence or of land collapsing. If your proposed purchase is in an area that has historically been used for coal mining, it is always advisable to instruct a Coal Report.
Contact our Commercial Property Lawyers - Clarkston, Newton Mearns, Giffnock, Netherlee, Eaglesham, Carmunnock, Stewarton & Southside Glasgow
Before entering into a huge financial transaction, such as the purchase of property, it is always best to be as informed as possible. Claphams have experience in all commercial property matters and would be delighted to assist you in the instruction of any third party surveys for your prospective property. Based in Clarkston in Glasgow's Southside, we help clients in Newton Mearns, Netherlee, Giffnock, Eaglesham, Carmunnock, Stewarton and across Glasgow. Contact us today 0141 620 0800 or fill out our online enquiry form to discuss your needs.