Commercial Property Solicitors

  • Meaby&Co Commercial Property Law

    The Commercial Property Law Team at Meaby&Co aims to empower you to deal with the process with confidence and dignity.

Our Commercial Property department is headed by Partner Nicky Cleightonhills.

Meaby&Co Commercial Property Law

Meaby&Co has been giving expert advise to clients on property transactions since it first opened its doors back in 1848.

During that time we have developed unrivalled expertise in all aspects of commercial property law.

The experience built up by our well-respected property department means we our superbly placed to advise and guide our clients; from first time business owners acquiring their first office or shop to buyers looking to purchase multi-million pound commercial developments.

Our team provides timely advice to find you the best and most cost-efficient solution.

Commercial Landlord and Tenant

Commercial Property and Development

Property Litigation

Want More Information?

Please contact us for an initial conversation. Give the team a call on 02077035034 or email us at info@meaby.co.uk or complete the form below

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Meaby&Co Property Lawyers London
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SDLT and Residential Development

Further to our previous blog posts on Stamp Duty Land Tax (“SDLT”), it is worth bearing in mind that SDLT falls due on the date that the purchase contract is substantially performed. Deemed substantial performance of the contract will differ in each transaction and will turn on the facts. Persuasive factors include whether any part of the purchase price (generally 90% of more) or any rent has been paid or if the buyer has gone in to possession.
Meaby&Co Property Lawyers London
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SDLT and Commercial Leases

Commercial tenants taking a lease of premises should not forget that Stamp Duty Land Tax (”SDLT”) may be payable. The SDLT is calculated on, what is known as, the Net Present Value (“NPV”) of the rent payable over the term of the lease. The minimum threshold for commercial leases is £150,000. For leases of commercial or mixed property, the SDLT rate is 1% for excess NPV up to £5 million and 2% when the NPV exceeds £5 million.
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