Fladgate LLP is delighted that construction work has now commenced on the Clerkenwell Road, London EC1 development site of its client, Medina Investment, to create a 212 bedroom hotel to be operated (under management contract) by Yotel.
The hotel will be the first city centre hotel in Europe for Yotel and is scheduled to open in the latter half of 2018. Fladgate has been closely involved in the project from day one including advising Medina on the initial site acquisition, the obtaining of planning permission, development finance and contractual negotiations with Yotel. Yotel has press-released the pre-launch of this flagship hotel to numerous industry publications and media channels.
The Fladgate team comprised James Fry (real estate partner), Eddie Powell (ICT partner) and Gary Smith (banking partner).
We operate in small teams in which partners not only take the lead but also do a significant amount of the detailed work. Clients can be assured that the partners they engage and brief will remain closely involved in developing and delivering the advice as part of our close-knit, expert teams.
Fladgate has a long heritage of delivering high-quality legal advice. We have been providing practical legal solutions to businesses and private clients for over 250 years. Today we are one of the UK’s top 100 law firms, with over 70 partners and a reputation for providing solutions that work.
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