Buying Commercial and Industrial

Things to consider when purchasing any property include:

  • Check Contract
  • Get Legal Advice
  • Do Your Homework
  • Document All Promises And Commitments In Writing
  • Inspect
  • Measure Land
  • Restrictions
  • Easements
  • Chattels & Fixtures
  • Renovations, Extensions & Recent Building Work
  • Rates & Taxes
  • Government Charges
  • Connection Of Services
  • Zoning & Town Planning
  • Funds
  • Foreign Investor
  • Auction
  • Cooling Off

Also Consider When Buying Commercial and Industrial:

  • ZONING & PLANNING: Check the zoning of the property to ensure commercial and industrial sites are permitted in the area and the use to which they can be put. Contact the local Council to check whether there are any breaches of the zoning and planning provisions.
  • LEASE: Is the property subject to a lease or another form of tenancy or licence? The terms of the lease should be carefully checked to ensure they do not conflict with your intended use.
  • CONTAMINATION: The relevant enquiries should be made with the Environmental Protection Authority (EPA).
  • BUILDING STRUCTURE: As there is no specific statutory warranty, you should have the structure checked for any defects.
  • GST: Consider your GST position. Is the property being sold inclusive or exclusive of GST. Make sure the Contract clearly addresses your GST position.

NOTE: This is information of a general nature only and cannot be relied upon as all encompassing. You must seek legal advice specific to your purchase and never commit to an agreement unless you have obtained that legal advice. Contact us for further information.

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COVID-19 Update

COVID-19 Update

Please be aware that due to the spread of Covid – 19 and on the recommendation of Government the decision has been made that from 5pm Wednesday 8 July 2020 to close the office once again to help slow the spread of the virus.

During this time our team will continue to operate remotely and can be contacted by email, on their mobile phones or through our website. All ongoing files will continued to be worked on and new work is always welcome.

We ask for people’s understanding in these uncertain times and hope everyone stays healthy.