Commercial Property‘Client A’ first approached Labrums for assistance with a number of business matters. Over a number of years, our team has also supported with personal legal advice for the client and his family.
Client A was the founder and proprietor of his company and at the time, his business was relatively new. He was looking for a helpful, professional service and Labrums was recommended to him by a family member.
Client A’s company had agreed to acquire the lease of a warehouse with offices from which he would run the business and Labrums acted for the company. A few years later, Labrums acted when the leases came to an end and Client A’s company wanted to renew it. Michael and our team assisted with negotiations with the landlord and acted on the grant of the new lease. As the business expanded, we acted when Client A’s company acquired a competitor company by means of a purchase of its shares, and again when his company acquired the assets and goodwill of another competitor. His company then agreed to purchase the freehold of the premises and again, we acted.
Labrums then acted successfully for Client A’s company in a dispute with the management company that was responsible for the common parts for the estate where the premises were located. The dispute related to management charges the management company was seeking to recover, rights of way and issues concerning redevelopment. We continued to act for Client A’s company on many related transactions including:
Client A eventually sold the business but wished to retain the company name and the freehold of the premises. Labrums acted on the sale of the assets and goodwill. Once the business was sold, Client A agreed to let the premises. Our team advised on the terms and conditions of sale and the grant of a new commercial lease to Lessees. In addition, we acted in relation to the grant of a licence to enable the Lessees to transfer the lease to another party. In due course, Client A decided to sell the freehold. That necessitated obtaining vacant possession from the Lessees who did not wish to give up the lease. Consequently, Labrums served due Notice on the Lessee to terminate the lease and issued proceedings to recover possession. The claim for possession was initially disputed but we negotiated a settlement that recovered possession and resolved issues relating to repairs to the client's satisfaction. Vacant possession enabled the premises to be sold to a developer for residential usage. We advised on a potential breach of covenant and other restrictions which would have prevented the change of use to residential and acted on the successful sale to the developer. Labrums then introduced Client A to another client who wished to sell land for residential development. Following the client’s purchase of the land, we advised in relation to recovering possession from various parties who claimed ownership of parts by long user, in relation to access over a right of way and a joint venture agreement with builders who would develop the land.
In addition to this, our team acted for Client A and his family personally when they bought and sold family homes, the preparation of wills, personal guarantees and advising him in respect of his obligations and duties as a Trustee of an estate where the beneficiaries are in dispute.
Client A and his family have been kind enough to recommend Labrums to their friends. The client has said he instructs our team for the following reasons:
Contact us today on 01727 858807, email crt@labrums.co.uk or by filling the form to the right to discuss your particular circumstances and how we can help you.
