Fladgate LLP has advised the investors on the refinancing of the luxury development at 37-38 Golden Square, London W1. The refinancing involved £54.7m of new funding from Apollo. The property, set in an iconic prime West End location, is a development of luxury apartments standing over two retail units and a flagship restaurant unit. Stephen […]
Fladgate have advised Fore Fitness on the sale of 13 easyGym sites to The Gym Group. The initial consideration is £20.6m, with an additional £4.1m payable when lease extensions are agreed on two sites. Fore Fitness is to focus its operations on the easyGym franchise model going forward. The deal was completed within an intense […]
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 […]
Many leases contain reference to specific regulations or Acts of Parliament that the tenant must comply with and in respect of these, the tenant is generally fully aware of their obligations. For example, any well drafted alteration provisions will set out in detail the tenant’s obligations under the Construction (Design and Management) Regulations 2015. The […]
Fladgate LLP has advised British designer Paul Smith on the acquisition of a new store at Coal Drops Yard, King’s Cross. Paul Smith is one of Britain’s foremost fashion designers, renowned for creative aesthetic, combining tradition and modernity. Coal Drops Yard is an upcoming new shopping development in the heart of King’s Cross. In October […]
Fladgate LLP has advised London residential developer Strawberry Star on the acquisition of a 6.9 acre development site in Luton. The site has the benefit of planning permission for a mixed-use scheme, including 685 new homes together with a 200-bedroom hotel, retail and leisure facilities, a medical and wellness centre and public realm improvements. The […]
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 […]
Fladgate has acted for long standing client Blakes Property Holdings Limited and Blakes Management Limited in relation to the refinancing by HSBC of Blakes London, a boutique hotel in Kensington. The refinance replaced the existing facilities provided by Santander. Blakes London is the creation of famed British designer Anouska Hempel and was one of the first […]
Fladgate has assisted Mindspace, a European provider of coworking space, in its entry into the UK market and all legal aspects relating to the opening of its first facility in London. This involved completing a lease of two floors totalling 31,000 sq ft at the Relay Building, London E1 and assisting Mindspace with its plans […]
Fladgate client Hodson Developments has secured planning and funding to commence a new garden city project near Ashford, Kent, known as the Chilmington Green Development. Chilmington Green will bring a vibrant, mixed use, new community to the town of Ashford in Kent. It will provide around 5,750 new homes as well as its own high […]
Fladgate LLP has advised on the completion of a substantial letting of one of the buildings on Dartford Business Park to Mazda Motors UK Limited. The property, which will be Mazda’s new headquarters, was let for 15 years. We have since acted on the sale of the property to The Local Authorities’ Mutual Investment Trust […]
Fladgate LLP has advised Aldgate Tower Investments on the letting of 100,000 sq ft of offices to Uber and WeWork at its Aldgate Tower development in London E1. Taxi App provider, Uber, is relocating from its current London base in King’s Cross, and will occupy 40,000 sq ft on the second, first and lower ground […]
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