How to Buy Industrial Estate in London
Most of the industries in London have moved far away from the residential areas. However, you can still buy industrial estates in London that will suit your needs if you look hard enough. There are several areas in London that support industrial estates. Buying industrial estate in London can be a nerve wracking task because it may involve a lot of money. The process may be complicated or lengthy; however, it is not a difficult to become an owner of an estate that is used for industry. If you want to buy any of such estate, you should be familiar with the steps that should be taken to avoid any inconvenience. We have prepared a step by step guide that should prove helpful for you.
Instructions
-
1
First of all decide what kind of land will be required for a business you have decided to start. You should be clear whether you want to start a small, medium or big industry. What kind of Industry you want to open. It will help you in deciding about the perfect location of the land.
-
2
After having a clear mind about your requirements, contact industrial estate advisor who have a reputation of making fair deals. Tell an industrial estate agent your requirements and budget range. After you tell your requirement, the industrial estate agent will search his list and tell you the suitable industrial lands. Here is a list of few industrial estate agents in London.
(a) Maunder Taylor
Address: 1320 High Road, London N20 9HP, UK View Map
Contact: +44 20 8446 0011
Visit Maunder Taylor Website
(b) Hawes & Co
Address: 91 The Broadway, London SW19 1QE, UK View Map
Contact: +44 20 8542 6600
Visit Hawes and Co Website
(c) Kinleigh Folkard & Hayward
Address: KFH House, 5 Compton Road, London SW19 7QA, UK View Map
Contact: +44 20 8739 2090
Visit Kinleigh Folkard & Hayward Website -
3
You can also look yourself online to find some more industrial estate for sale in London. Here is a list of few websites that list industrial estate on sale.
(a) Visit Flexas Website
(b) Visit Property In London Website
(c) Visit In London Properties Website -
4
If you have searched a suitable estate and have made your mind to make further steps on it, you will have to contact property valuator to find the real value of the property. Here is a list of property evaluator in London.
(a) John D Wood and Co
Address: 9-11 Cale Street, London SW3 3QS, United Kingdom View Map
Contact: +44 20 7717 5116
Visit John D Wood and Co Website
(b) Best Gapp and Cassells
Address: 81 Elizabeth St, London, SW1W 9PG, United Kingdom View Map
Contact: +44 20 7730 9253
Visit Best Gapp and Cassells Website
(c) Kutner Associates Limited
Address: 56D Upper Montagu Street, London W1H 1SN, United Kingdom View Map
Contact: +44 20 7724 6677
Visit Kutner Associates Limited Website -
5
Once the valuator gives you an idea about the value of the property, now you have to make an offer, if owner of the industrial estate accepts your offer then next thing is to check out the papers of the property. Make it sure that owner has paid all his taxes and has tax returns with him. You will also have to check that there should not be any debt or loan on the property. Also keep in mind that the property should not be given to bank on mortgage. Once you have checked all these documents, only then move forward to negotiate it with the seller.
-
6
In the next step you need a solicitor or lawyer who will handle all legal affairs of the industrial estate for you. The solicitor will check all documents. It will help you to avoid any fraud or mishap in the future. Here is a list of few solicitors in London.
(a) Allan Jay Paine Ltd
Address: 148 Plashet Road, London E13 0QS, UK View Map
Contact: +44 20 8886 1404
Visit Allan Jay Paine Ltd Website
(b) Barnes and Partners Solicitors
Address: 50 Stoke Newington Church Street, London N16 0NB, UK View Map
Contact: +44 20 7241 5577
Visit Barnes and Partners Solicitors Website
(c) Andrew Keen and Company Solicitors
Address: 10 The Shrubberies, London, E18 1BG, UK View Map
Contact: +44 20 8989 3123
Visit Keen Andrew and Co Website -
7
After you have checked all the documents and your solicitor has declared the land free of any fraud, only then make signature of the deal. Always remember to sign the deal in front of witnesses and in the presence of solicitor. Sign the contract, make payment as per written in the agreement and the land will be yours. Now, get ready to set up your industry.
