Commercial property is real estate that is used for business activities, but there’s obviously more than one type of business. Before we get into the legal nitty gritty of what a building might be used for, let’s look at the main categories commercial space falls into. In this guide to commercial property usage, we will explain the different commercial property types across London and what they mean for you business.
- Whether you're planning to sell, rent or are undecided, we have an expert who can help.
- Whether you own or occupy, develop land or buildings, or simply lend money to others to buy or develop commercial property, our team has the expertise and experience to help achieve your goals.
- However, countless surveys have revealed that workers would like to, at least in part, return to the workplace.
Property suitable for care homes, assisted living and other healthcare requirements. We offer a range of stunning properties to buy or let, as well as investment, management and consultancy services. We provide UK mobile phone operators and other clients with a full range of infrastructure support services across the UK. Workthere is a business by Savills focused solely on helping businesses find flexible office space, whether that’s a serviced office, co-working or shared space. We provide leasing agency services to landlords and developers, plus acquisition and disposal advice to retailers.
When matters become contentious, we have a specialist real estate and property disputes team who are able to advise. Barclays is also a supporter of the UK residential development sector, growing relationships with regional housebuilders as well as smaller developers. Matt says he is continuing to see opportunities there too, especially with the desire to build more housing for a growing population across the UK.
Looking for Legal Support
We can help you find the right office, warehouse, shop, bar, industrial unit, residential development site or whatever you need for your business. Knight Frank is the only independent, global, commercial and residential real estate advisor. Browse our commercial property listings by property type, location and criteria. Find the ideal office, industrial or retail property for your team, or source specialised spaces for multifamily, healthcare, technology and more. As the world’s leading commercial real estate brokerage, CBRE is the perfect partner to fulfill your property needs worldwide. Unlock the value in every dimension of your real estate with integrated, data-led services that support your overall business strategy.
Instead, a more focused understanding is often more beneficial in building bespoke and successful lending cases. There’s also been a lot happening in the buy-to-let market, including some key developments for those classed as portfolio landlords. The Prudential Regulation Authority classes these as investors with 4 or more properties. Our montclairbistro.com team work for a wide range of clients on projects across England and Wales. They adopt a hands-on approach to remove the complexity from the transaction so that our clients can concentrate on their business. From our handyspace calculatorto inspiringcustomer stories, we know how to help your business thrive in the capital so get in touch.
Class A properties garner the highest rents and are usually luxury buildings with top class amenities. Class B properties are of good quality and location but may not enjoy so many amenities. Class C properties can be outdated but offer the most affordable rents for tenants. Our lawyers work collaboratively as an extension of the client’s own team and with property professionals involved in the transaction in order to bring the matter to a successful conclusion. Our lawyers support each other across the commercial real estate practice area, so that the appropriate sector and commercial expertise is brought to bear in each transaction.
Commercial Real Estate Development
Our team offers a range of services, covering management, planning and development, valuation, rent reviews and business rates. Our team covers all global markets, covering a variety of investment types, from retail to industrial, offices to leisure. Savills offers a wide range of specialist services from financial and investment advice to valuation, planning and property management. One of the largest construction law groups in Scotland, our team is renowned for their expertise provided to clients across the Scottish construction sector. Radius Law have acted for us on two commercial property lease contracts and a finance agreement.
Our longstanding culture of partnership and collaboration helps us see patterns across our clients’ business and act nimbly on those opportunities – our people are invested in client success and focused on doing what’s right for the long term. We guide our clients through the legal process to turn business milestones into the easiest of experiences, whether you’re a start-up, scale-up or a FTSE100 organisation. Our clients include some of the country's biggest developers, high street retailers, football clubs, banks and hotel chains, all of whom value our commercial, pragmatic, partner-led approach. It means the type of space is usually far larger than and office or studio and will need certain licensing in place to be able to prepare and serve food or alcohol. Retail covers shops and stores, think pet shops, clothing stores, and hairdressers.