Commercial Property
We deal with all aspects of commercial property including:
- Business acquisitions
- Development sites
- Acquisitions/disposals
- Environmental issues
- Landlord and tenant
- Lending and security
- Licence applications
- New leases and lease renewals
- Options and pre-emption rights
- Planning permission
We conclude the security requirements of funders in connection with freehold and leasehold property and assets.
For developers we help identify sites, report on potential land contamination issues, negotiate options, draft development agreements and deal with site disposals.
Key Contacts:
Chambers Guide 2008 recommends Hay & Kilner's commercial property team:
"A fixture of the North East legal market, Hay & Kilner is 'skilled in protecting clients' interests and providing useful and proactive advice'. During the past year it received substantial new instructions from house builders and development clients to handle site acquisitions and plot disposals. The group has cornered the market acting for pension fund companies and clients in the care home sector. It recently advised Eton Square Healthcare on its £60 million acquisition of a nursing home group. The transaction included the acquisition of seven existing properties and five under development on a forward sale agreement, and then a sale and leaseback of the portfolio. Regarded by clients as 'a reliable and knowledgeable lawyer,' Nicola Tiffen practises a variety of real estate work. She spearheaded the Eton Square Healthcare deal.
The Legal 500 2007 guide to the UK legal profession also recommends the Commercial property team:
"Hay & Kilner has been involved in a number of acquisitions for a range of clients, including multimillion-pound property investments. These incorporate prime location retail acquisitions, auction acquisitions, and conditional purchases. Paul Taylor, who provides a ‘ten out of ten' service, heads the team."
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