Commercial Property Expertise – David Formby

Our Services with Paddle & Cocks LLP

Lease Negotiation

We provide practical, outcome-focused lease negotiation strategies, balancing landlord and tenant interests to secure favourable terms, rent reviews, break clauses, and surrender options.

Acquisitions/Disposals

We advise on acquisitions and disposals, delivering due diligence, sound advice, risk assessment, and timely completion to protect value and ensure flexibility for clients.

Development & Refinancing

From site assembly to funding strategies, we manage complex development projects and refinancing to optimise leverage, compliance, and delivery timelines.

Meet David Formby

David Formby – Consultant Solicitor, Commercial Property – Testimonials

“Brilliant David – thank you, amazingly quick turnaround.
So grateful. And delighted.
Please thank the team too.”

–          Anonymous 2025

“Thanks again David.

Paddle & Cocks are our ‘Go To’ legal folks.

Best wishes”

–          Corporate customer Anonymous 2025

“David is the best at what he does. He is very prompt in replying and resolving the queries. Highly recommended”

–          Commercial Property customer 2025

“Reliable and personal service. Reasonable costs. Responsive and ethical..”

–          Anonymous 2025

“Excellent Service…”

–          Anonymous 2024

“I just wanted to drop you a message to thank you for all you have done over the last six months. As with everyone in life there is always a backdrop of stress and drama and you have been a huge part in taking a lot of that away from me. For the want of a better word, you have been awesome. I can’t thank you enough for your communication, your diligence and for you to take time out of your own leave to keep me updated!

Thank you again it truly has been a pleasure working with you”.

–          Anonymous 2024

 

David Formby – Consultant Solicitor, Commercial Property

David is a highly experienced Commercial Property Solicitor with two decades of specialist expertise acting for industrial businesses, commercial landlords, investors, developers, farmers, lenders and pension funds. His work covers the full spectrum of commercial property transactions, including sales, purchases, commercial leases, refinancing, development matters and strategic property advice for growing and established businesses.

David advises on all aspects of acquiring, disposing of and managing commercial property assets. His experience includes multi‑let industrial estates, logistics premises, office buildings, retail units, development land and investment portfolios. He is known for his commercially‑driven approach, early identification of risk and ability to structure transactions that support long‑term business growth and operational efficiency.

Commercial Property Work David Undertakes

  • Commercial property sales and purchases for investors, businesses and pension funds
  • Asset purchases and sales for businesses
  • Granting and taking commercial leases, including industrial, office and retail premises
  • Lease renewalsrent reviewslicences for alterationslicences to assign
  • Drafting and negotiating rent deposit deeds for landlords and tenants
  • Preparing and completing deeds of surrender for early lease termination
  • Secured lending and refinancing for lenders and borrowers
  • Property support for corporate transactions, including asset sales, business purchases and restructuring
  • Landlord & tenant advisory work, including enforcement, compliance and negotiation
  • Development site acquisitions, option agreements and overage arrangements
  • Portfolio management for commercial landlords and investors
  • Transfers of Part for development and agricultural purposes
  • Rural matters, farm business tenancies, farm sales and purchases, partnership agreements, charges over agricultural assets

David regularly acts for lenders, business owners and investors on refinancing, expansion projects and strategic property decisions. He has extensive experience guiding clients through high‑value, time‑critical transactions and is recognised for his practical, solutions‑focused advice. He also has extensive experience on the high street working with individuals and families in residential property.

Practice Areas

  • Commercial Property Solicitor
  • Commercial Property Sales & Purchases
  • Industrial & Commercial Leases
  • Rent Deposit Deeds
  • Deed of Surrender
  • Secured Lending & Refinancing
  • Commercial Landlord & Tenant
  • Commercial Property Transactions
  • Business Premises Acquisition
  • Commercial Property Legal Advice
  • Deeds of Variation and Rectification
  • Commercial assignments

David is a Consultant Commercial Property Solicitor with Paddle & Cocks LLP.

Examples of recent work: –

·        A commercial property acquisition on a business park for a local chartered tax planning firm with commercial finance

·        A mixed-use acquisition of land for holiday home lettings and residential use in a rural setting with finance with a value of over £1 million

·        An acquisition of a local industrial unit for an industrial contractor

·        Corporate support on an SPA for a local restaurant business and taking the matter through to completion with a deed of rectification of the lease and substitution of guarantor

·        An acquisition of a Post Office Business via purchase of assets with commercial finance and taking a new lease

·        An acquisition of an ice cream shop via purchase of assets and new concurrent lease

·        A range of retail commercial lease matters on the high street and additionally in industrial settings for landlord & tenant.

·        A partnership agreement for a local farming partnership

·        A charge over agricultural assets for a local farming partnership

·        A renewal lease for a local established Estate Agent business

What clients say

Rating: 5 out of 5.

“Excellent Service..”

— Bod Homes Limited

Rating: 4 out of 5.

“The service provided was excellent, it was quick and efficient and information was easy to understand, the forms easy to complete although found the paperwork a little excessive…”

— Patricia

Rating: 4 out of 5.

“Excellent Service..”

— Radar Properties NW Ltd

Rating: 5 out of 5.

“Reliable and personal service. Reasonable costs. Responsive and ethical..”

—HealthSource Totnes

Contact Form

If you’re seeking commercial property legal guidance across England and Wales, contact David Formby for a focused, practical consultation tailored to your needs. We cover commercial leases, assignments, rent deposit deeds, deeds of surrender, and licences to alter as well as acquisitions, disposals, development, refinancing and portfolio management with a responsive, client-focused approach.

Please provide your name and e-mail address and some details or a question about your matter and David will respond promptly with next steps and availability.

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A close-up, photographic image of an open commercial lease document on a refined grey fabric desk pad, the black serif text sharply in focus around key clauses, with a chrome fountain pen resting diagonally across the lower margin. The paper has a slight texture, catching soft afternoon daylight that streams in from a nearby window, creating delicate highlights on the pen’s polished barrel. In the softly blurred background, a minimalist legal reference book with a dark cover and a slim metallic bookmark sits parallel to a closed laptop. Shot from a slightly elevated angle with shallow depth of field, the composition feels precise, calm, and meticulous, embodying thorough lease negotiation and legal accuracy for a professional solicitor’s website.

Contact us

For expert commercial property advice across England and Wales, contact David Formby today to arrange a confidential consultation, or for a quotation. David works as a consultant solicitor with Paddle & Cocks LLP, Charles House, 18-21 Charles Street, Truro, TR1 2PQ. The firm is authorised and regulated by the Solicitors Regulation Authority SRA Number: 646198.

David Formby | Paddle & Cocks LLP

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