Office Equipment Supplier Freehold Negotiation Surrey
Having the experience to clear the way to a risk-free acquisition
Background: the directors of Xeretec were advised that they should spend some of their income, a circumstance that coincided with their company’s need for new premises.
Challenge: the company needed a property that would satisfy both their occupational and investment needs.
Solution: Culverwell Consulting conducted a search, and worked with the directors to identify a property that met both sets of criteria. The selected property had been built on land that had been reclaimed from a timber treatment yard. We quickly realised that the key to this acquisition was ensuring that the decontamination work had been carried out correctly and with appropriate documentation. Since the law states that an owner is responsible for any pollution on or emanating from his site, we had to protect our client (and our client’s lender) from the risk of future claims against them.
Benefit:Xeretec now enjoy the freehold possession that they sought, confident in their land’s freedom from contamination and their business’s freedom from risk.
Decontamination the key to a secure investment