Commercial Property | Hanley Estates

Sales and Lettings

Buy, Rent or Let Commercial Property in London

If you’re looking to sell or let a commercial property, our commercial department will provide you with all the advice, marketing expertise and guidance you need to make it a success. We will ensure your property has the best exposure with professional photography and best possible online presence.

Commercial Fees

Sole Agency Commission (Including VAT)
12% of one year’s rent
6% of any agreed premium
A minimum fee of £3,600.00 applies to all transactions
Rent-free periods will not be taken into account when calculating our fees
Where rent increases in stages, our initial fee will be based on the average rent until the first rent review

Joint Sole Agency Commission (Including VAT)
18% of one year’s rent
6% of any agreed premium
A minimum fee of £4,800.00 applies to all transactions
Rent-free periods will not be taken into account when calculating our fees
Where rent increases in stages, our initial fee will be based on the average rent until the first rent review

Multi Agency Commission (Including VAT)
18% of one year’s rent
6% of any agreed premium
A minimum fee of £4,800.00 applies to all transactions
Rent-free periods will not be taken into account when calculating our fees
Where rent increases in stages, our initial fee will be based on the average rent until the first rent review
Commission is payable to Hanley Estates only where we introduce the successful tenant, lessee or assignee

Agreement Term

The minimum term for sole agency, joint sole agency and multi-agency appointments is six months. Following the initial term, the agreement will continue unless terminated by either party by giving four weeks’ written notice.

When Our Fees Become Payable

Our fees, together with any applicable charges and VAT, become payable upon the earliest occurrence of any of the following:

Completion of the relevant legal formalities.
Assignment or grant of a lease.
The incoming tenant, lessee or assignee taking possession of the premises.
Any discounts or variations to our standard terms will cease to apply if payment is not received within three days of completion.
Payment should be made directly to us by your solicitor. At our discretion, payment may instead be deducted from the sale proceeds upon completion.
If payment is not received within seven days of completion, the fee will double.

Renting commercial property

Hanley Estates has a range of commercial properties and business premises to rent in London, including:

Offices – office space, offices, business parks
Retail – shops on the high street or in shopping centres and retail warehouses
Industrial – industrial units, warehouses, land
Leisure – pubs, hotels, restaurants

Hanley’s friendly team provides a dedicated service and personal approach. If we do not already have your perfect property to rent in London within our extensive database, we will keep you updated on all new properties entering the market that meet your requirements.

Market your commercial property with us

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