Fladgate has advised on the acquisition of a large Central London office premises for Halkin Management Company Limited, a service office provider and part of the Kingshott Holdings group. The premises are located on Paris Garden SE1, are let for 10 years and have a headline rent of over £2m pa. Collyer Bristow acted for […]
Fladgate has advised on the acquisition of a shopping centre known as The Harpur Centre in Bedford for Harpur Centre Bedford Limited (a wholly owned subsidiary of a Jersey Limited Partnership) from Zurich Assurance Plc. Tellon Capital LLP was the acting asset manager on the transaction. James Burchell of Tellon Capital commented: “Daniel and his […]
Fladgate LLP has acted for the shareholders of Tri-Star Packaging Limited in relation to its sale to Bunzl Plc, the international distribution and outsourcing Group. Tri-Star Packaging, which is based near London and has three other branches in England and Scotland, is principally engaged in the distribution of food packaging and foodservice products as well […]
Introduction There have been quite a few changes to the Stamp Duty Land Tax (SDLT) regime in the past few years but most of these have focused on residential property. However, the March 2016 Budget has introduced some significant changes for buyers and tenants of commercial property as well. From “slab” to “slice” Purchases of […]
Fladgate LLP is delighted to announce the promotion of commercial property specialist Gavin Whitney to its partnership in the latest round of internal promotions, effective 1 April 2016. As part of the firm’s Route to Partnership policy, Fladgate has made a number of additional promotions within its partnership structure as well as promoting Tom Bolam […]
Fladgate has advised P&D Colnaghi Ltd on the sale of the assets pertaining to its fine art gallery business to Coll & Cortes Limited. Coll & Cortes Limited will continue to run the business under the Colnaghi brand, which is the oldest commercial art gallery in the world having been established in 1760. The principal […]
Background New environmental legislation is endeavouring to make the UK an even greener and more pleasant land. The effect of the “minimum energy efficiency standards (MEES) for private rented buildings” will shortly start to affect both commercial and domestic let premises and landlords may want to start taking action now to mitigate the impact. This […]
Fladgate LLP has acted for the shareholders of Greene & Co, an award-winning estate agency covering North London and the City, in its sale to leading residential agency, Hamptons International – part of Countrywide PLC, the UK’s largest estate agency and property services group. Established more than thirty years ago in West Hampstead, Greene & […]
Fladgate LLP has advised on two high profile hotel deals: The acquisition of five ibis hotels by Starboard Hotels Limited, as part of a €32m portfolio sale by Accor. The sale of Chapel Street Hotel in Liverpool, part of the Hotel Indigo brand of hotels, to an international asset management company. Hotel developer and operator Starboard […]
A right to break in a lease is often something that is fiercely fought over at heads of terms stage. If the tenant successfully obtains such a right, it should be cherished, since it provides a hugely beneficial flexibility that could be crucial in the future. This flexibility can be useful as a negotiating point, […]
Fladgate LLP has advised Dominions House Limited on the sale of a vacant former office block in central Cardiff as part of a BPRA deal that will see it converted into a luxury hotel and restaurant. Being a BPRA deal, the sale had to complete by the end of the 2014/15 financial year and the […]
Fladgate LLP has advised Patron Capital IV LP (Patron) on two high profile real estate investments: The c£75m headline acquisition, by a joint venture between Patron Capital and APAM Ltd, of the Arlington Business Park in Theale, Reading from the Arlington Business Parks Partnership (ABPP). The Arlington Business Park is considered to be one of […]
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