Commercial Property

Leases/Lettings and Licenses of Commercial Property

We advise in relation to commercial leases and the additional considerations that need to be considered in circumstances where a lease is for a period of five years or more.

We also provide a service in relation to short-term lettings and licenses. We advise in relation to the circumstances in which a license is preferable to a lease in respect of the occupation of property and the circumstances in which a document which is described as a license may in fact be a lease.

Sale/Purchase of Commercial Property

Many of the considerations that apply to the purchase of residential property will also apply in the case of commercial property sales and purchases. However, there are a number of important distinctions between the two, and the tax treatment of each type of property purchase is the most notable. There may also be planning, user and other issues to be dealt with.

Stamp Duty Rates in relation to Commercial or Non-Residential Property

Non-Residential Property is basically any property other than residential property, stocks or marketable securities or policies of insurance. It includes (but is not limited to) sites, offices, factories, other business premises, shops, public houses,land and goodwill attaching to a business.

Rate of Duty

Note: All tax and duty rates are subject to change, so latest figures should always be cross checked with the revenue commissioners.