Commercial property in Isle Of Man

Appleby

Appleby is highly active in the acquisition and sale of properties across the Isle of Man. In one notable mandate, Tom Brook advised Douglas Bay Property on the £12m acquisition of the Douglas Bay Complex (also known as King Edward Bay House). Brook is also noted for his expertise in real estate finance transactions. The practice is led by managing partner Faye Moffett, who is active in investment transactions and matters involving the leasing of retail properties. Senior associate Alexandra Dernie is also recommended.

Practice head(s):

Faye Moffett

Other key lawyers:

Tom Brook; Alexandra Dernie; Melissa Wong

Testimonials

‘Appleby is obviously a well-known and long-established company with high standards, and the individuals I have dealt with upheld said standards.’

‘Both Alexandra Dernie and Melissa Wong were very thorough in dealing with what was, at times, a less than straightforward matter. Any queries raised were dealt with in a timely fashion, and both were personable at all times. No significant delays were experienced when liaising with either party. I would recommend them should any similar commercial property matters arise in the future.’

‘Melissa Wong provided good service in what were difficult circumstances in 2020. Melissa remained calm and professional.’

Key clients

Presbyterian Mutual Society Limited

Douglas Bay Property Limited

Investec Bank (Channel Islands) Limited

Old Mutual International Isle of Man Limited

Travis Perkins Trading Company Limited

McDonald’s Restaurants Limited

LV Group Limited

Game Retail Limited

Screwfix Direct Limited

Work highlights

  • Advised Douglas Bay Property Limited on the  purchase of Douglas Bay Complex.
  • Acted for Presbyterian Mutual Society Limited on the £3.25 million sale of a major high street commercial premises on the Isle of Man.
  • Advised the landlord of a retail unit where the tenant was a high street brand. The original lease expired and the parties agreed to an implied tenancy whilst the terms of the new lease were negotiated.

Cains

Cains‘ commercial property team provides transactional and advisory support to a wide range of clients, including international and domestic real estate investors, developers, occupiers and lenders. In one highlight, the firm advised Mainsail Holdings Limited on its landmark £12m sale of the Douglas Bay Complex to Douglas Bay Property. Tim Shepherd and managing associate Alex Poole-Wilson jointly lead the team, which includes Stephanie Chew, who is noted for her expertise in real estate finance transactions.

Practice head(s):

Alex Poole-Wilson; Tim Shepherd

Other key lawyers:

Stephanie Chew

Testimonials

‘I have worked a lot with both Tim Shepherd and Stephanie Chew and both are excellent to work with.  I would always highly recommend Tim and Stephanie and I really value their responsiveness, expert knowledge and solutions orientated approach.’

Key clients

The Stars Group

Flutter Entertainment PLC

Heron and Brearley Limited

Manx Telecom Trading Limited

Twickenham Investments Limited

Standard Bank Isle of Man Limited

Lloyds Bank Corporate Markets Plc

British Red Cross

Newhaven Properties Limited

Nedbank Private Wealth Limited

Linnia Investments Limited

AXA UK Pension Trustees Limited

SES Satellite Leasing Limited

Work highlights

  • Advising Lloyds on an agreement for lease and lease of Villiers House, Douglas.
  • Acting for Mainsail Holdings Limited on the sale of the Douglas Bay Complex, King Edward Road, Onchan to Douglas Bay Property Limited.
  • Acting for Standard Bank Isle of Man Limited on a new lease of office premises at Standard Bank House, Circular Road, Douglas, from Crossvale Limited.

Long & Humphrey

Commercial property is a core area of strength at Long & Humphrey, with founding partner Mark Humphrey at the helm. Humphrey, who specialises in this field, has expertise in complementary areas such as licensing, trusts and succession. His recent workload included the acquisition and disposal of retail, commercial and hospitality properties. Shona Quayle is another key individual in the group.

Practice head(s):

Mark Humphrey

Other key lawyers:

Shona Quayle

Testimonials

‘Long and Humphrey are very much the market leaders in the commercial property sector in the Isle of Man. Mark Humphrey leads an experienced and responsive team.’

‘The team are experienced in all aspects of commercial leases, conveyancing, and more detailed and complex matters. Response rates are excellent, as is an in-depth knowledge of the market, and the properties and players within it.’

‘I have dealt with numerous practices over the years but have found Long and Humphrey to be the best by far. Their service is very professional and their staff have always been very helpful and informative on some sometimes quite complex matters. Their advice and service over the years has been what makes my company use them time and time again.’

‘Mark Humphrey (Partner) has always been there for me whatever the time or day and will always reply to me – many times out of office hours. Likewise Shona Quayle (Advocate) has provided a superb service to me on numerous occasions.’

‘Good smaller firm, covering all the bases, and a firm who knows our business well.’

‘Mark Humphrey is the “go to” lawyer for commercial property transactions in the Isle of Man. Very experienced, very knowledgeable and the consistent provider of invaluable advice.’

DQ

DQ’s team is skilled in assisting clients with real estate finance transactions, as well as leasing and tenancy agreements. Managing partner Mark Dougherty and associate Libby Gordon are the two key individuals to note.

MannBenham Advocates Limited

MannBenham Advocates Limited covers all the key segments of the commercial property market in the Isle of Man, including offices, restaurants, industrial units, warehouses and hotels. Led by Carly Stratton, the team advises on investment acquisitions and disposals, commercial leases, timeshare arrangements and real estate finance transactions. It also handles contractual matters (such as those concerning rights of way and restrictive covenants), as well as general property issues involving retail, commercial and hospitality premises.

Practice head(s):

Carly Stratton

Other key lawyers:

Terence McDonald

Testimonials

‘I found Carly Stratton excellent to deal with in terms of technical knowledge, response times and co-operation for the client’s benefit.’

‘The team at MannBenham are friendly, efficient, approachable and knowledgeable. Nothing is too much trouble for MannBenham.’

Key clients

Ledingham Chalmers LLP

Celton Manx Marketing Limited

Gamesys Group Plc

Progress Shaving Brush (Vulfix) Limited

Quanta PLC

Douglas Borough Council

Ballacregga Properties Limited

Henderson Limited

Aybre Holdings Limited

Spey Group

Elliott Construction Limited

Jade Harbour Limited

Work highlights

  • Advised Celton Manx in the negotiation and drafting of a new commercial lease for a block of apartments to provide accommodation for its new incoming staff.
  • Advised Gamesys Group PLC on the property aspects of moving offices.
  • Advised Progress Shaving on their commercial property needs.

Simcocks

Simcocks' team is skilled in handling a wide array of commercial property work, such as acquisitions and disposals, leases, financing and development agreements. Irini Newby, who heads up the commercial property practice, has experience of the office, industrial, retail and leisure sectors in both the Isle of Man and England.

Practice head(s):

Irini Newby

Key clients

Tevir Properties Limited

Work highlights

  • Acted for Tevir Properties on the purchase of a substantial property.