Commercial Property Development
Working closely with you, Tollers team has a wealth of experience in providing the necessary advice and guidance to secure the land and rights that your business will need to ensure a site is fit for development.
Developers and Landowners
We act for residential and commercial property developers, as well as landowners selling to developers. With significant experience in drafting and negotiating development agreements, site assembly agreements and other contract documentation, to include:
- Conditional contracts
- Option Agreements
- Restrictive covenant release and variation
- Advice of rights and easements
- Joint venture agreements
We are here to help you achieve a successful deal. What we learn during the process, we can apply to onward sales, lettings and disposals, to ensure they happen efficiently and cost-effectively.
If you are developing sites jointly with third parties, our commercial approach ensures each party’s intentions and project aims are achieved in the timescales you set out.
Funding
We also act on behalf of banks and funders of development projects, and use our experience and understanding of their requirements to manage transactions to successful completion. If you are acquiring with the assistance of a third party funder, our team members are able to utilise their extensive experience in the area of funding to guide you through the process of dealing with and satisfying your lender.
Site Assembly
We are involved regularly in site assembly deals. A site’s legal title is not always perfect, so attention to detail is crucial in these types of transactions. You can rely on the skills of the Tollers team to ensure that the property title that you acquire is suitable to enable you to develop it in accordance with your commercial aspirations.
Working with you, we can provide what you need to secure the land and rights – and a viable site that is fit for purpose.
Disposal
Once a development is finished, we can provide a cost-efficient service to dispose of newly constructed units – whether residential or commercial – and we understand the need to present buyers with documentation that will encourage smooth and swift progress of the transaction.
Freehold, Leasehold or Commonhold
We are regularly instructed to help set up sites and their subsequent plot and unit sales, on a freehold and leasehold basis, creating management companies and dealing with any retained property. We are also happy to discuss the implications of carrying out commonhold development schemes.
Talk to Tollers
If you would like to learn more about our expertise in commercial property development, please contact one of our team.
