MKB Law Solicitors has established one of the strongest specialist commercial property teams in Belfast. Our depth of experience allows us to supply the expertise and innovation required to maximise the value of your transactions. Our extensive knowledge, obtained through years of business cycles and dealing with the commercial property market, enables us to identify important issues and provide sophisticated advice.
MKB Law has been involved in residential and commercial property development as part of our core business for many years. We represent the interests of all parties namely buyers, sellers, investors, tenants, occupiers and developers.
We offer a sale solution to some of the largest property developers in Northern Ireland, as well as providing ongoing assistance to smaller bespoke builders. The Practice has a proven record of handling all aspects of complex acquisitions and disposals for residential and mixed-use developments, including large scale regeneration projects.
Our Real Estate and Property team will provide legal solutions covering all aspects of the development process, this includes areas such as planning applications, construction contracts, building leases and agreements, and portfolio management.
Commercial Property Leases
MKB Law’s Commercial Property team offers specialist advice to both Landlords and Tenants in relation to commercial property leases across a range of sectors, specifically: retail, leisure, office space and industrial sectors.
Both parties should seek legal advice before entering into a an agreement as legislation can be complex. A Memorandum of Understanding or Heads of Terms document can prove useful. This document will set out all the proposed points to be included in the property lease – our team have vast experience in this area and will assist you accordingly.
Our team will work alongside you to ensure your goals are achieved, and we will provide assistance in relation to matters such as: acquisitions and disposals, tenancy agreements, lease terms and renewals, property management and dilapidation issues.
Stamp Duty Land Tax
Stamp Duty Land Tax (SDLT) is a tax payable on all land transactions of over £125,000. That means if you plan to purchase an additional property, such as buy-to-lets and second homes, then you will have to pay an additional 3% of the purchase price in stamp duty. MKB Law’s commercial property team will provide sound advice in the area of stamp duty land tax planning and implementation for property owners and developers find out more…