Work area: Commercial & Property

Our detailed understanding of the property and governance drivers for successful project delivery, risk and its allocation means we are experts in advising on and drafting effective best practice property and corporate documents for your projects


What we offer

  • Non-business “Peppercorn” Leases which have been accepted by HMRC: a VAT efficient model for local authorities, no stamp duty land tax is payable and the tenant may be eligible to apply for NNDR relief (depending on their governance structure). Recently we have been advising on the sporting exemption and the impact of the European Court Ealing decision.

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  • Advice on and Drafting Property Documents: driven by the requirements of your project and what is acceptable to the market, the choice of a full repairing lease or a split of obligations, lease or licence, length, break clauses and investment obligations, require analysis and advice. We will work with you to evaluate the alternatives and advise on the optimum structure for your project.

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  • Advice on Sound Corporate Structures and Company Documents : whether setting up a LATCOs/Teckal company or procuring a service transfer to a charitable or commercial model, we are skilled in drafting and/or advising on the choice of structure, whether a trading company for profit or a non-profit-distributing model is more appropriate, the content of the governance documents, roles and responsibilities of the board, its advisors and how to avoid conflicts of interests.

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  • An In-depth Understanding of Contractor’s Legal Models and Impact: bidders may offer complex taxation driven models. We understand the meaning and effect of each model and can advise on its legal, taxation and commercial effect as part of the evaluation and award process.

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  • Confidential Advice on Contractor Financial Strength for Authorities and their Partners: an understanding of and support at all stages during a procurement (particularly at evaluation or award) or thereafter is essential. We also provide advice to directors, trustees and authorities to achieve a successful business turnaround or planned service transfer (to avoid unplanned failure). We work with insolvency practitioners if necessary.

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  • Advice on Disposal Consents: the application of s.123 Local Government Act 1972, ss.24-25 Local Government Act 1988 and the General and Housing Consents and whether if the disposal is for “best consideration” or at an “undervalue”.

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  • Advice on Public Open Space Requirements: whether land is public open space land (or a playing field in Wales) and there is a requirement to advertise before it can be disposed of.

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  • Advice on General Powers of Competence: the Localism Act, general powers of competence, community rights to buy and challenge on your project and its structure.

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Snapshot of our track record


Contact details

Léonie Cowen & Associates
30 Kingswood Avenue
Queens Park
London NW6 6LR

t: 020 7604 5870

e: admin@lcowen.co.uk

Authorised and regulated by the Solicitors Regulation Authority (No70444)