The end of an era – Anthony Lorenz worked at 9 Hanover Street in the early 70’s when he established Baker Lorenz at those offices. The ground floor came vacant and a Japanese client of his, Sakura then acquired what became one of the most successful Japanese restaurants in London. Unfortunately all good things come to an end and in approximately March 2010 the lease expired. The Landlord refused a renewal for redevelopment, although the Tenant had rights to renew. Complex negotiations were entertained whereby Lorenz insisted on the Landlord granting a renewal subject to a redevelopment clause which could have scuppered the plans of the Landlord to gain vacant possession on time. The Landlord gave additional compensation to the Tenant to get vacant possession and Sakura relocated to 23 Conduit Street where they continue to enjoy an incredibly successful operation. So now Lorenz has to walk further to this favourite lunchtime diner.
Professional | Anthony Lorenz
