In recent years, private investors’ interest in property has sharpened because of the volatile Equity Market and low interest rates
However, because direct investment in commercial buildings requires relatively large amounts of capital and only a few have direct experience of commercial property, many private investors have opted for buy-to-let residential property rather than commercial property.
The Attwaters Jameson Hill Commercial Property and Residential Property teams have an enviable reputation in both sectors.
What are the main differences between investing in commercial and residential property?
- Commercial tenants are normally liable for repairing the property while residential landlords are usually responsible for repairs and as a result spend much more time and effort managing their properties or incur the cost of an agent managing the property for them
- Residential tenants typically commit to relatively short renewable leases, while commercial tenants usually sign longer-term contracts: periods of 10 years or more are not uncommon
- Commercial properties usually cost significantly more
- Returns on residential property come mainly from increases in capital value, whereas a large part of the commercial property return is income
The commercial property market is very different from the residential one, with different risks and rewards.
The three principal sectors of the commercial investment market are; retail, offices and industrial. In addition, there are several smaller sectors such as leisure (restaurants, pubs and hotels), student accommodation and healthcare properties.
Investing in commercial property is often the preserve of sophisticated investors or business owners but the fact that commercial property can be an investment within a pension (direct investment in residential property cannot) is an attractive USP.
This is why Attwaters Jameson Hill’s Commercial Property team is here
We pledge to provide every client with outstanding personal service and communication, unrivalled industry knowledge and a proven track record of advising our clients regarding commercial property investment.
How do we achieve this?
Buying or selling (residential buy-to-let or commercial properties)
Our Commercial Property team does not offer a ‘one size fits all’ standard package, instead we tailor our advice and support to each client’s specific needs. We will guide you in a way that is appropriate to your expertise, experience and investment level.
Leasing out and managing your properties
Whether you have one or many properties, are an experienced landlord or a novice, both the law and the market is continually changing. We aim to work with you and your other professional advisers to help you stay in control and make the best possible decisions.
Attwaters Jameson Hill’s Commercial Property team manages a significant portfolio of individual, property company and management company clients, acting across all their commercial property investments.
We deal with the full range of legal matters for landlords, Resident’s Associations and Resident’s Management Companies (ie blocks of flats) including lease extensions, disputes, enfranchisement and right to manage issues. View our Leasing Property for Your Business page for more information.
Attwater Jameson Hill’s property clients know how important it is to have the support of intuitive lawyers with real experience and market know-how.
While protecting your interests, our Commercial Property team will focus on what you really want – a speedy, satisfactory completion and, of course, the required business result.
To talk to a specialist solicitor please call us on 0330 221 8855 or email asha.birly@attwaters.co.uk. View Asha’s profile here