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  • Overview

    We acted for a client who had been approached by a leading supermarket to acquire its multi-let commercial site.  The supermarket made it clear that it would only purchase if our client managed to produce and then implement a viable strategy to obtain vacant possession.

    The site contained around 15 tenants with various time remaining on their respective leases.  With the assistance of specialist surveyors, we devised a strategy, dealing with each tenant, which was successfully implemented.

    Mark Steggles, the lead Partner in the matter, comments: “the strategy we devised was key to unlocking the development potential of the site that enabled the sale to take place to a high profile purchaser with positive plans for development”.

  • Related Services

    Asset management

    We provide advice to landlords in the event of tenants defaulting and advice to tenants on their obligations whether as tenants or guarantors.  

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Jargon Buster