Retail properties cover the buying, selling, leasing and management of shops, shopping centres and other commercial premises used for retail. A solicitor in this area drafts and negotiates shop leases, assignments and renewals, negotiates rent reviews and licenses, and reviews title and due diligence for acquisitions or refinancing. They also handle landlord–tenant disputes, service charges, rates and planning considerations affecting retail units, and coordinate with surveyors, accountants and lenders on asset management and disposals.
What a solicitor handles in these matters
The work involves drafting and negotiating leases, reviewing title, and coordinating with lenders and surveyors on property acquisitions or refinancings. It also covers rent reviews, service charges, licences and the management of retail portfolios, with the added risk of complex landlord–tenant disputes and planning or rating implications.
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