Have you found a lucrative area and a number of properties but are uncertain whether all the property owners will be willing to sell? Howell-Jones' Commercial Property Team can provide you the options that are available to you. One of these is entering into an option agreement with the property owners. What is an option agreement you may ask? It is a document that obligates the property owner to sell to you if you have exercise the right to buy. Once all the property owners have entered into an option agreement, you are guaranteed that the designated area of your proposed development is secure. You can then decide what is best for you and exercise your option to buy those properties you feel are most desirable.
Allow us to be your legal partner in commercial property transactions. Please do call us for a free initial telephone discussion to see how we can help.