Introduction The unprecedented impact of Covid-19 on occupiers of commercial premises, particularly those in the retail and leisure sectors, has led to many landlords and tenants striking deals to waive or vary existing lease terms in a way that would have been unthinkable just a matter of months ago. Sometimes the desire of landlords to […]
Fladgate LLP has advised Black Sheep Coffee Group (BSCG) on a complex agreement involving the acquisition of assets including eight cafes from Taylor St Baristas- a London-based, speciality coffee retailer. The addition of these cafes increases the number of the BSCG estate to 33 across London and Manchester and an additional franchise in the Philippines. […]
Fladgate LLP has advised Parkside Investments Limited, a Jersey company, in connection with the acquisition of a large site in Hendon, north west London, for approximately £9.5m. The site is used as a motor dealership and servicing centre and is let to Honda Motor Europe Limited. The site represents a short term investment acquisition with […]
Fladgate was delighted to act for Pyser Optics Limited, a portfolio company of Privet Capital, in relation to the sale of their Graticules division to AIM quoted group, Scientific Digital Imaging Plc. Graticules Optics is a designer and manufacturer of precision reticle, aperture, grating and micropattern products on glass, ceramics, film and in metal foils […]
Fladgate LLP has advised Patron Capital, the pan-European property investor and its asset management partner and leading real estate adviser APAM, in relation to multiple lettings at Arlington Business Park, Reading. Patron and APAM have agreed the pre-let of the entire building 1240 comprising approximately 34,350 sq. ft. to NTT Security, the UK subsidiary of […]
Fladgate LLP acted for an associated entity of BYM Capital in respect of its corporate restructuring and subsequent entry into a £59.8 million loan provided by Pluto Finance for the refinancing of the client’s acquisition of New Horizons Court in Brentford and its development from office use into residential accommodation comprising 271 private residential apartments. […]
Fladgate LLP acted for Flora Developments Limited, a subsidiary of ABIL Infraprojects Limited, India which is a large Indian construction, real estate development and hospitality company, for the acquisition of prime real estate in Central London known as Griffin House, 5/6 Strand, London WC2N 5HR for a purchase price of £92.5 million. The property currently […]
Fladgate has acted for the Rooms & Studios Group (the Group) in connection with all legal aspects pertaining to a development loan to fund two PRS development schemes: one in Crawley, Sussex and one in Sudbury, West London. The Group’s development arm has secured two senior debt facilities totalling just under £61m from Investec Structured […]
Fladgate has advised Mindspace, the international provider and operator of high-quality and design-led co-working workplaces, with the leasing of their second London premises. Earlier last year, Mindspace acquired (by way of a lease) their first premises in London at the Relay Building on Whitechapel High Street – a transaction which was also dealt with by […]
Assured Shorthold Tenancies (ASTs) are the most common kind of private residential tenancy in the UK currently, which means that almost any investor or funder in the UK residential property market will deal with them. The past few years have seen new legislation that introduced new and more onerous obligations on landlords of ASTs. This […]
Fladgate has advised on the development of a new restaurant at their new headquarters in Brixton for Squire & Partners and the letting of the restaurant to Albion & East. The new headquarters is based at The Department Store in Brixton, following 16 years in Kings Cross. The space has been redesigned to enhance existing […]
Landowners whose property is subject to rights of way, either for the benefit of owners of adjoining land or for their own occupational tenants, will often want to manage the land over which the rights are exercised. In particular, there may be good reasons to install security measures, such as gates or bollards, to ensure […]
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