Commercial property use classes explained

Get expert advice for residential, commercial or rural property, grounded in our experience and knowledge of local, regional and international markets. With our powerful search filters, Realla is the quickest way to find your next office, retail or industrial property. However, countless surveys have revealed that workers would like to, at least in part, return to the workplace. There is therefore still demand for office space, but now for different types of amenities.

Anchor tenants are often offered steep discounts on rent in exchange for significant long-term leases. Commercial Real Estate is a broad practice area for law firms, which spans lots of different types of agreements, making it a key focus for Commercial Awareness. Common sub-practice areas involve construction, hospitality, real estate development, real estate finance, real estate funds, real estate litigation, real estate securitisation and REITs . Our Commercial Real Estate team regularly advises developers, owners, landlords and tenants on a wide range on legal services including real estate, corporate and intellectual Real Estate. The commercial real estate sector is a highly competitive environment and a true understanding of market conditions is essential to be able to properly serve and advise clients.

Commercial Property

It’s an area where we’re seeing opportunities for growth and we’re working hard to build long-term relationships to help businesses move forward. Real estate is proving to be an interesting sector for investors and developers, with new opportunities continuing to emerge across the UK. Driven by value, powered for people – we strive to build solutions that create net positive impact for our clients, for communities, for the public, and for our employees. Our latest research assesses the impact of the 2023 business rates revaluation on your property portfolio.

  • They adopt a hands-on approach to remove the complexity from the transaction so that our clients can concentrate on their business.
  • Our Commercial Real Estate team is able to work to tight deadlines whilst delivering dependable, practical and comprehensive advice.
  • Our award-winning property solicitors have a wealth of experience and practical knowledge acquired through decades of working on high-profile real estate projects.
  • We provide UK mobile phone operators and other clients with a full range of infrastructure support services across the UK.

Transform with technology Implement tools, processes, and strategies that improve the value and performance of your real estate. Design & deliver projects Breathe life into old space, or create something brand new to help your people thrive. For more information, talk to your Business Development team who can put you in touch with our specialist Real Estate team, or contact your dedicated Real Estate team directly. Their local knowledge and expertise will help your clients navigate through the process. With the property market being so variable, Matt says that taking a broad brush approach is not always the best way to get results.

Read more about these changesin the latest article by property expert Nigel Lewis. Regulations being phased in during 2017 by the Bank of England’s PRA include demands to use a specialist underwriting process when considering lending for this category of borrowers. Our Commercial Real Estate team is ranked among the best in the UK by two of the world’s most respected legal guides. Class F is split into two main parts and covers uses previously defined in old classes D1, ‘outdoor sport’, ‘swimming pools’ and ‘skating rinks’ and D2, as well as newly defined local community uses.

UK Commercial property agents

The free market economy and stable government mean doing business in Turkey is lucrative. Commercial real estate in Turkey is a very different proposition than buying a home. We work both regionally and nationally on matters ranging all the way from taking an office lease to high-value and complex development projects located around the UK. Pubs for sale and other licensed property for sale or to let including hot food businesses. A variety of commercial property units to let or for sale and property suitable for conversion to a commercial use.

Major commercial property markets across the country

Our energy team assists with the inception, funding, valuation, planning, development, management and trading of energy assets. Our team provides leasing, acquisition, consultancy and investment advice to retailers and owners in Central London. Operating across the whole of the UK and overseas, our team of specialists advises on all aspects of buying, selling and developing commercial and mixed-use sites. Our integrity, honesty and professionalism is what gives our clients, colleagues, investors and business partners the confidence to work with us.