Answers · Vendor due diligence
What does a vendor need to prepare before selling an industrial property?
Direct answer
Vendor due diligence is the process of a seller assembling the key property information — title documents, leases, compliance certificates and environmental records — before going to market. Having it ready in advance speeds up the sale, reduces surprises during a buyer's own due diligence, and generally supports a smoother, more confident negotiation.
A well-prepared vendor typically pulls together current title and survey information, any registered leases or agreements affecting the land, council approvals and compliance certificates relevant to the building's use, and records of any known environmental matters such as past uses of the site. None of this needs to be perfect — the point is that it's gathered and organised rather than scattered or missing.
Preparation matters because a buyer will ask for this information regardless, and doing the groundwork early avoids the sale stalling while records are chased down later, often under time pressure. It also signals to the buyer that the vendor understands the asset and has nothing to hide, which tends to make the whole process move faster and with less friction.
This is conceptual, general guidance rather than a legal checklist — every property and transaction differs, so vendors should work through their specific due diligence requirements with their own solicitor and other advisers ahead of going to market, whether that's through a public campaign or a direct sale.
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