Showing posts with label Lease Extension. Show all posts
Showing posts with label Lease Extension. Show all posts

Tuesday, 28 September 2010

Sakura Restaurant, 9 Hanover Street London, W1


Tony Lorenz acquired this restaurant for Sakura way back in 1974 and ever since he has handled rent review negotiations.
The Landlords have progressed with their intention of redeveloping but their timing was out of sync with the lease expiry and accordingly Sakura fought for a new lease. After doing battle on all fronts, including substantive legal arguments, a compromise was negotiated to take a five year lease from March 2009 at a reduced rent subject to a Landlord opportunity to break and a substantial capital sum being paid to Sakura over and above statutory compensation if as and when the Landlords redevelop.

Professional | Anthony Lorenz

Tuesday, 24 August 2010

3-5 Norwich Street, London, EC4


The Landlord, Frelene Ltd instructed The Lorenz Consultancy to handle the negotiations in respect of the Tenant, MacFarlane’s premises, whereby a lease extension was eventually agreed to January 2018 on some 22,870 sq ft, together with an increase in the rent payable.

Professional | Anthony Lorenz

Friday, 22 January 2010

Freedom, 60-66 Wardour Street, London, W1


The Lorenz Consultancy was instructed to act on behalf of Soho Clubs and Bars in connection with their February 2009 rent review on the ground and basement floors comprising some 4,691 sq ft. As part of the rent review settlement, we agreed a 15 year lease extension.

Professional | Kathryn Sowter

Thursday, 4 June 2009

33 Lombard Street, London, EC3


Acting for Bowood Partners Insurance Brokers, we successfully extended their lease which was to expire in June 2009, outside the Landlord & Tenant Act, for a term of up to 1 year on some 10,000 sq ft, subject to the Tenant having no end term dilapidations liability.
The deal was struck to enable Bowood and their parent, RK Harrison, to relocate after the lease expiry.
BH2 acted for the Landlords. Hexell Wylie acted jointly for Bowood with The Lorenz Consultancy.

Professional | Anthony Lorenz