Terms and Conditions
As a buyer, I confirm that I will not make any approach to get any information either myself / via a 3rd Party /as a 3rd Party to the Owner or the business and/or Property either personally or by telephone or in writing without the consent of Right Estate Commercial
All offers / any inquiries need to be submitted directly to Right Estate Commercial, and not directly to the Owner.
If I breach any of the aforementioned agreements it is on the understanding that I will be equally liable for the commission due to Right Estate Commercial.
Payments & Commissions: Right Estate Commercial reserves the right to charge interest on overdue commission (both before and after judgment) at the rate of 0.75% above rate as varied from time to time. On the event of agreeing to purchase the Business and/or Property, A buyer should pay Right Estate Commercial a £1,500 deposit (£2,000 on a Freehold transaction) this money will be deducted from the sales price and will be fully refundable in the event of the purchase not proceeding to an exchange of Contracts.
Energy Performance Certificate: According to the Government legislation, an EPC requires prior to marketing. Right Estate Commercial offers various options the details and costs of which will be discussed and agreed in advance and then confirmed in writing at the point of instruction.
Sole Agency: This means that the seller appoints Right Estate Commercial as the only agent for the sale of property, and seller will be liable to pay a fee or commission to the Agents, in addition to any other costs or charges agreed, if at any time unconditional contracts for sale of the property are exchanged with a Buyer introduced by the Agents during the period of their sole agency or with whom the Agents had negotiations about the property during that period, or with a Buyer introduced by another agent during the period. The Agents will be able to claim the agreed fee of commission for a period of six months after expiry or cancellation of the sole agency agreement if a Buyer, introduced during the sole agency period, goes on to purchase the property within six months of expiry of the agreement.
Termination of Sole Agency: You can terminate the agreement after six months from the date of the agreement signed, by giving 14 days' written notice. Equally, should we wish to stop marketing your property after six months of the date of the agreement, we will provide you with 14 days' notification of this in writing. If you wish to terminate this agreement before SIX MONTH from the date of this agreement you have to pay termination fee of £400.00
Dual Fee Liability: There may be a dual fee liability if:
- Another agent had previously been instructed to sell the same property on a sole agency, joint sole agency, or sole selling rights basis; or
- Another agent is instructed during or after the period of an agreed sole agency, joint sole agency or sole selling rights basis with Right Estate Commercial.
For Sale Board: With the consent of the Vendor, Right Estate Commercial will erect a 'For Sale' /to let’ board outside the property. Any boards that we erect will comply with the Town and Country Planning(Control of Advertisements) Regulation 1987, as amended. We accept liability for any claim arising under these Regulations in connection with the board unless the action arises either as a result of a further board being put up by another agent or you altering the position of our board.