Leading South East law firm Thomson Snell & Passmore has advised Footesmusic Limited (Footesmusic), owner of Foote’s, the famous London music shop, on an investment in the business and its move to newly refurbished premises in Bloomsbury.
Nick Lewsley, an associate in the Corporate team acted for Footesmusic on the investment side while brother, Alex Lewsley, senior associate in the Commercial Property team, advised the company on the office move to 41 Store Street in Bloomsbury.
Foote’s was established in 1920 by Charles Ernest Foote. It relocated to Soho in the 1930's and was bought by the Della-Porta family - the founders of Premier Percussion - where it sold instruments in various locations around Golden Square for the next 80 years.
Nick Mason, the drummer from Pink Floyd and one of the investors in Footesmusic bought his first drum kit from the store in 1958. Speaking about his investment Nick said:
Foote's has a special significance for me. In 1958, I headed down to the West End of London to a basement in Denman Street where a kindly man called Sid, in a white coat, sold me my original kit for £7.50.
Commenting on the successful completion of the deal, Rob & Stella Wilson, Directors of Footesmusic, said:
The decision to instruct Thomson Snell & Passmore was an easy one; they had the right expertise in both required fields and we knew we could trust them to deliver to a tight deadline. Thomson Snell & Passmore’s excellent team brought everything in within the timeframe without a hitch – they understood our priorities and concerns and really went the extra mile for us – we highly recommend their work.