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This area covers the buying, selling and ongoing use of industrial premises, including factories, warehouses and distribution hubs, and the lease and management of those sites. A solicitor in this field drafts, reviews and negotiates industrial leases, negotiates rent reviews and service charges, and handles assignments, underlettings and renewals. They also carry out title checks, conduct registrations at HM Land Registry, and advise on planning, environmental and rating issues that affect industrial property.
They handle leases with complex rent review mechanics, break clauses, dilapidations, and service charge regimes; conduct thorough title due diligence and registrations; and negotiate incentives, assignments and covenants, often in multi-tenanted estates and with funders or developers involved.
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