How we can help
We provide a written estimate of our fees and any other costs that you will have to pay. Here are the main commercial services that we offer.
Buying or selling investment property:
If you own office, retail, industrial or other commercial property subject to existing tenancies or other forms of occupancy that you intend to sell or buy, we can take care of all aspects of this process.
Residential and commercial development:
Are you intending to sell land to residential or commercial developers? Are you a developer intending to acquire such land? These type of transactions may be complicated by factors such as obtaining planning permission or may be subject to clawback (overage) provisions. These need to be carefully drafted in order to protect your interests.
Buying or selling your business:
If you are intending to sell or buy a business, you will need to ensure that all of the details are dealt with in the sale and purchase agreement - such as what is to be included or excluded, apportioning the sale/purchase price between the various elements, VAT, property aspects, rights of employees or the transfer of operating licences.
Buying or selling your company:
If you are buying or selling a company, we can guide you through the complex due diligence process, advise on indemnities, warranties, disclosure and any associated company law implications.
Advising when you want to form a business partnership, or if you are already a partner and wish to retire, take on new partners or modify or update an existing partnership agreement to tie in with current arrangements and practises, we will be pleased to assist.
Commercial leases and other commercial landlord and tenant matters:
We advise on all landlord and tenant matters including the negotiation of new commercial leases, assignments of existing leases, underlettings, variation of leases, licences to occupy, alterations to leasehold premises, repairing obligations, Stamp Duty Land Tax and land registration.
Certain matters are rarely properly dealt with in a company’s Articles of Association. These include what happens if your fellow shareholders wish to sell their shares to someone that you don’t know, or what happens to your shares if you die. A lot of private companies are established by purchasing off the shelf, ready-made companies whose constitutions may not dovetail either well or at all with the arrangements originally envisaged between shareholders. We can help ensure the clear, accurate recording of all types of shareholder agreement so that both the individual and the business are protected.
We advise on contracts for the supply of goods or services, terms of business, promotion agreements, agency agreements, private secured lending and more.
We can provide detailed advice on the sale and purchase of agricultural property, creation of farm business tenancies and protected agricultural tenancies.
We provide a comprehensive service for clients who seek to borrow from commercial mortgage lenders. We can advise on all aspects including facility agreements, debentures, legal charges and acting as guarantor.
Business advice on data protection and the General Data Protection Regulation (GDPR)
Every business processes information and any business with employees, customers or contacts is likely to hold personal data enabling a person in those categories to be identified. The size of the fines that can be applied for failing to process that personal data properly increased enormously with the introduction of the General Data Protection Regulation (‘GDPR’) and the Data Protection Act 2018 (‘DPA18’). The full impact of the changes brought in under the GDPR have not yet been felt as Supervisory Authorities like the Information Commissioner’s Office (‘ICO’) work to [fully understand and apply the rules to] the complex technology underlying modern business.
However, this has not stopped the ICO imposing fines for failures to follow the basic documentary and other procedures required under the Regulation. This needn’t be complex, so long as it is considered, documented and applied in the real life situations you and your staff encounter every day.
Heringtons can help you ensure that your business is compliant now and in the future, providing resources to help you discover and document the ways personal data flows through your business and helping you develop the right solutions for you. Not only that but we are committed to helping you leverage your GDPR compliance to increase visibility and trust for your business.
Whether you need discrete advice on a website Privacy Notice, help dealing with a request from someone to exercise their data rights or a full review of your compliance with the GDPR & DPA18, our Data Protection Officer Rosemarie Close can help.
Rosemarie has worked with our staff, operations and management teams to ensure optimum compliance while taking account of the resources available. She continues to manage our reporting, training and ongoing review obligations and applies the lessons learnt in our business to helping you in yours, protecting your data to protect your business.
For advice regarding data protection please contact Rosemarie on firstname.lastname@example.org to arrange an initial fixed fee appointment. Telephone 01424 434192.
Contact Rosemarie also for help with data protection and GDPR for individuals.