Commercial Estate Agents

Commercial Property to Let Southampton

There are many reasons to consider Commercial Property to Let Southampton – a good long term commercial property investment location.   Southampton is a key maritime port handling 1/5 of the UK’s container traffic with DP World Southampton being the 2nd largest container terminal in the UK.  Southampton supports 77,000 jobs in maritime industries and income of over £5.5 billion.   It is has always been a key cruise liner base but this is due to rise to 1.49 million passengers by 2020 and 2 million by 2030.   The port handles in excess of 42 million tones of cargo annually and by 2030 this is due to rise to 62.6 million according to the calculations of Associated British Ports which operates the Southampton port.  it handles 7% of the entire UK’s entire seaborne trade. Read the rest of this entry »

Buying commercial property

buying commercial propertyIf you are buying commercial property what should you bear in mind? What are the most important factors to have taken into account before purchasing commercial property in England and Wales?

Caveat emptor (“Buyer beware”)

This principle is fundamental in English Law.   The seller is not obliged to disclose physical defects in a commercial property.  It is for the buyer to employ a surveyor to carry out a buildings survey so that the buyer is aware of any defects in the property such as subsidence, landslip and heave, damp, flooding, poor insulation, structural defects.  The surveyor will also highlight whether alterations appear to have been carried out to the property which might have needed planning permission or building regulation approval.    He will highlight issues which need to be investigated by your solicitor as part of the conveyancing process such as rights of way, asbestos survey, fire risk assessment, energy performance certificates (see below for further detail). Read the rest of this entry »

Dominic Beeton, Solicitor
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