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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

    Portfolio asset management

    Our expert team provides a comprehensive and commercially focussed property portfolio asset management service for investors, retail and corporate occupiers.

Get In Touch

By submitting an enquiry through 'get in touch' your data will only be used to contact you regarding your enquiry. If you would like to receive newsletters from Thomson Snell & Passmore please use the separate form below.

Newsletter Sign Up

General Private Client UpdatesGeneral Commercial UpdatesConstruction UpdatesCourt of Protection UpdatesAgriculture & Rural Affairs UpdatesCommercial Property UpdatesEmployment UpdatesDispute Resolution UpdatesCorporate & Commercial UpdatesCharities & Not for Profit UpdatesFood & Drink UpdatesEducation UpdatesTransport & Logistics UpdatesFamily Business & Owner Managed Businesses Updates

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Jargon Buster