The laws surrounding commercial property are complex. Understanding the issues and taking legal advice at the outset of acquiring or disposing of premises can help you avoid the pitfalls and potential disputes that may arise.
The Isle of Man is known as a leading international offshore financial centre which has resulted in a number of businesses setting up and relocating here. This has led to substantial growth in the commercial property sector.
At Simcocks, the Property Department is long established and has extensive experience of the Isle of Man law’s complexities, putting you in a stronger position to negotiate the right solution for your business.
We are equipped to deal with all aspects concerning commercial and residential property, agricultural holdings and estates, including acquisitions, financing, sales, development agreements, management and leasing.
We also work in conjunction with our litigation department to enforce securities principally in cases involving business organisations.
We are sensitive to the complex commercial aims and pressures of clients wishing to secure a transaction or maximise a property opportunity. Our property team prides itself in adopting a proactive approach to negotiations to ensure that clients are able to conclude deals quickly, whilst being protected by appropriate legal documentation.
Our versatility in the commercial property sector and awareness of current trends in the market, ensures that our client base continues to grow. We understand the issues that commercial agents and developers, landlords and tenants face and we are here to help.
Simcocks has the ability to handle the full range of your commercial property needs, whether simple or complex, large or small, local or national. With a highly experienced team of lawyers and conveyancers, we bring a practical and focused approach to commercial property Isle of Man transactions.
As Manx land law differs greatly from that of other jurisdictions it is strongly recommended that advocates are involved at a very early stage in projects concerning any form of Isle of Man estate planning.