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Murray Beith Murray LLP is a leading Scottish private client law firm.

For 175 years we have specialised in meeting the legal, financial and administrative needs of individuals and families, family trusts, charities and private companies.

Call us today on 0131 225 1200
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Bill has over 10 years’ experience in all areas of commercial property.

Read more about Bill here.

Understanding the relationship between VAT and commercial property

billl

Value-added tax (VAT) is an unavoidable but complex consideration when it comes to commercial property. If not understood correctly it can prove to be troublesome – particularly at the later stages of transactions. VAT can impact the final value of a transaction and affect both the seller and purchaser – the seller must ensure they are charging VAT when required and the purchaser must ensure that the VAT they are paying is correct.

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  1954 Hits
1954 Hits

Due diligence in commercial property transactions in Scotland

Bill Meldrum

The process of acquiring commercial property should involve an extensive due diligence process. When evaluating a commercial property asset, your commercial property lawyer should endeavour to find all relevant information that may be available - and information that is not so readily available. In this article, we provide a brief introduction to why legal due diligence is important and what your lawyer will look for during the process.

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  1408 Hits
1408 Hits

The future of the high street and department stores

billl

Throughout the pandemic, we have seen many of the UK’s most iconic high street department store brands fold, or close swathes of their high street properties. However, a recent report shows promise for the high street, with retail units being repurposed to meet the demands of modern consumers and new plans for city centres. 

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  1546 Hits
1546 Hits

What you need to know about Turnover Provisions in Leases of Commercial Property

billl

Turnover lease rent is either entirely or partially based on the turnover produced by a commercial tenant. Rent may be decided purely on turnover itself or it may be that an additional turnover rent is charged over and above a guaranteed ‘base rent’ when the turnover reaches a certain level.

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  1643 Hits
1643 Hits

Scottish commercial property sector on the road to recovery for 2022

billl

Several property experts have said that the Scottish commercial property sector is well on the road to recovery in 2022, following challenging times during the Covid-19 pandemic. Investment in the sector rose by 24% in 2021, with investment in the fourth quarter up 27%. In total, £1.3 billion was invested in the Scottish commercial property market last year, despite the challenges of the new Omicron variant. 

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  1622 Hits
1622 Hits

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