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Hello and thanks for using Just Answer.
I am Al and am happy to assist you with your enquiry.
I pesonally don't see a problem, unless you have a Mortgage over the property. Do you?
No Mortgage on the property, but how can I sort this problem out what forms do I need
Thanks for your reply.
Well, I don't see any issue whatsoever- your Solicitor needs to draft a Lease of part, and you will need to obtain a Land Registry compliant plan of the shop, to show the extent of land to be sold, and which will need to be to scale and have a North point.
Once your Tenat's Solicitor has approved the Lease, you will sign one copy and the Tenant another. The Lease will then need to be registered at the Land Registry, and a new Title Number will be granted and the Lease will be noted on your Freehold title.
Unless I have missed something, this is a pretty basic transaction!
I hope I have assisted, and if so, I would be grateful if you could rate my answer.
However, please let me know if you require any further clarification.
Thank you for a straight answer, so much happier about the situation
If I have helped, I would be grateful if you could rate my anwer, so I may get credited for my time.
All the best