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Buying and Selling Commercial Property in Scotland

Whether you are looking to buy commercial property or land to develop property on, our team of expert commercial property solicitors can support.

There are many reasons to buy commercial property in Scotland. These include:

As a base for your business.
To rent out to businesses. Learn more about commercial leasing in Scotland.
As an investment opportunity, to sell on.
To develop property if buying land.

There are many things to consider when buying commercial property or land. Purchase lawyers for Jones Whyte can help you plan, purchase or sell commercial property in Scotland.

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Buying Commercial Property

At Jones Whyte, we can take you through the entire conveyancing process for buying a commercial property.

The process for buying a commercial property varies for every project, however, you can expect to follow these steps throughout most purchases:

Think about your aims. What do you want to achieve with the property? Is it to grow your own business or an investment property to rent out?
Look at your budget.
Look at types of commercial property. This could be land, multi-purpose buildings, retail premises or more.
Begin the conveyancing process. Similar to the work done by solicitors for a house purchase, our legal team will exchange paperwork with the owner, make an offer on your behalf and complete the registration once the offer is accepted.

Additionally, when selling property at auction, preparing the auction contract and legal pack is essential to ensure a smooth sale process.

Of course, you can also purchase commercial property at auction, which speeds up the process. Find out more about commercial auction conveyancing in Scotland.

However, if you want to proceed with buying a commercial property, the team at Jones Whyte are on hand to support you every step of the way, ensuring smooth commercial property transactions with the help of our legal professionals.

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Get in contact with our experienced legal professionals today for support with your case.

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Selling Commercial Property

At Jones Whyte, we can also help you sell commercial property to maximise the return on your investment.

There are a few steps to take to achieve this:

Inspect the property and fix any issues.
Get a valuation.
Advertise the property

Whether you are buying or selling commercial property, we will be able to help you.

Buying Land

Purchasing land for development opportunities is also an option. The Scottish Land and Buildings Transaction Tax (LBTT) has significant implications for land purchases, including the need to complete the LBTT return, apply for reliefs and exceptions, and structure transactions to minimise LBTT payments.

This works in much the same way as buying commercial property. Commercial property transactions can be complex, involving legal aspects, tax implications, due diligence, and funding. It makes sense to check if there are any restrictions in place in terms of what can be built on the land or if planning permission is already in place.

This may influence your decision to go ahead with the purchase. Learn more about property development in Scotland

Whatever route you take, the team at Jones Whyte will be able to help you. Contact us today.

Meet the experts

At Jones Whyte, our property team is highly experienced in all aspects of property law and conveyancing.

Meet the whole team

Nick Hay Partner

Taylor Gibson Paralegal

Neil Robertson Associate