Fladgate advises shareholders of M25 Business Centres Ltd on its sale to BizSpace

Fladgate has advised the shareholders of M25 Business Centres Ltd on its sale to BizSpace.

M25 Business Centre, which is located in Waltham Abbey, Essex, totals 55,000 sq ft across four storeys with office space ranging from 90 sq ft to 2,454 sq ft.  The property also includes meeting rooms, break out areas and executive suites, as well as a 7,000 sq ft gym, café and on-site parking.

BizSpace is a well-known provider of flexible workspace, with offices and workshops across the UK.

Julian Lewis, corporate partner and lead lawyer on the sale, commented: “This was a very rewarding transaction and we were delighted to be instructed by the sellers again, for whom we have acted for many years.  We worked very closely with our clients’ tax, accounting and corporate finance advisers and wish BizSpace well with this new site”.

Paul Zimbler, managing director of M25 Business Centres, said “I was delighted with the team at Fladgate, who were excellent; commercial, pro-active and responsive.  Particular thanks go to Julian Lewis and Melissa Needham for their sage advice”.

Julian Lewis and corporate senior associate Melissa Needham were assisted by tax partner Hamilton Forrest, employment partner Mike Tremeer, real estate partner Gavin Whitney, real estate associate Siobhan Doherty and corporate associate Michelle Smith.

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