Sonal Patel

Office: 0333 772 7736

Admissions

Sonal completed a joint honours degree in Law and French and qualified with The College of Law to practice in England and Wales in 1998.

Background

Sonal worked at various West End law firms, including Fladgate LLP, progressing from assistant to partnership level which she maintained for several years before becoming a consultant. She has been consulting with various firms as a specialist Commercial Property Lawyer since 2011 acting for property investors, SMEs, retailers, and high net worth individuals based both in the UK and offshore.

Highlights

Sonal has a wide–ranging practice, acting for investors in commercial property portfolio acquisitions and disposals, occupiers in the healthcare sector, investors in hotels, nursing homes and pubs. She also deals with the day-to-day management of retail and office portfolios, secured lending and all non-contentious commercial landlord and tenant matters.

More specifically, she deals with the acquisition and disposal of freehold and leasehold premises; grant and approval of leases and advice on allied landlord and tenant matters such as 54 Act exclusion, rent review clauses and service charge structures; commercial auction sales and purchases; negotiating contracts to include conditional contracts and she works with accountants and tax professionals in advising clients on stamp duty savings schemes, VAT and stamp duty issues relating to property transactions.

Legal experience also extends to secured lending and re-financing: mezzanine funding and bridging finance; drafting all security documents; dealing with pre-drawdown requirements, arranging security substitution; agreeing security release procedures with Borrowers including tranche payments and dealing with releases of part and redemption. She has acted for most of the large retail banks and for private investment banks.

Sonal advises on the property related aspects of corporate transactions, including the acquisition and disposal of businesses such as pharmacies, restaurants, hotels, pubs, dental practices, and nursing homes; joint venture transactions using offshore vehicles and transactions involving share sale and purchase agreements, warranties and assisting in the due diligence process.