SELF-STORAGE WAREHOUSE
Examples of work undertaken by DJB lawyers
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Acted for an American corporation on its acquisition of a UK documents storage business involving a portfolio of UK properties, with attendant leasehold restructuring and environmental advice.
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Negotiated a favourable lease over a large warehouse for a celebrity chef.
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Drafted and negotiated a favourable rent for an unused warehouse as part of a client's estates rationalisation process.
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Negotiated numerous lease renewals for warehouse occupation.
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Advised a self-storage company on the sale of two large warehouses, collectively worth £10.7 million, to a company looking to acquire the business.
DJB specialists
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Legal issues that may arise
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Acquisition of warehouse or buildings suitable for use as a warehouse.
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Obtaining planning permissions to build a warehouse on land.
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Drafting and negotiating construction contracts including FIDIC, NEC, IChemE, GC/ Works, JCT, ICE, RIBA and RICS.
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Drafting and negotiating leases of a warehouse or part of the warehouse
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Advice on environmental issues including contamination, nuisance and rights to light
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Negotiating and drafting overage agreements
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Obtaining licenses to use the premises for storage purposes.
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The UK has 800 major self-storage units, the same as the rest of Europe put together. The average length of stay has risen in recent years – businesses stay for 56 weeks and private individuals stay for 27 weeks on average.
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