Retail Investment Acquisition – May 2007

Our investor clients were seeking a prime city centre retail investment.

We identified a suitable property being sold at Auction and following research attended the London auction and secured the property.

Subsequent to purchase we negotiated a rights of light agreement with the adjoining owners who were redeveloping their site and secured improved fire escape rights for our clients property

We also served interim schedule of dilapidations on the tenants and the Grade 2* listed building has undergone major repairs as a result.

We identified that the tenants plans to retail from the basement was in contravention of the lease. We negotiated a Deed of Variation improving our clients position at future rent reviews.

Contact David Johnson and David Rodgers