Lettings

With the lease expiring and the freeholder owners needing a flexible letting option allowing them to potentially take control of the property after a year. We provided rental and lease structure advice followed by successfully marketing the property and finding a tenant via a competitive bidding process. The property was let on a five year tenancy with a one year rolling break clause.

The second public park café letting we have completed for the local authority, following the flagship Mote Park Café in Maidstone, Cobtree Manor Park is a public amenity very popular with local families. The café is being given a new lease of life to provide an important hub and improved facility for the benefit of all visitors to the park and the local community.

A new letting was undertaken for our client McMullen & Sons when Prezzo vacated with the new leaseholder becoming Craft & Clever. This is their second site with the original located in St Albans. The site was popular due being within the busy market town of Hitchin. A Best Bids process was held with multiple offers received. The transaction was handled by Elysia Wilson-Gunn in the London Office.

We acted on behalf of landlord Matt Clark, whose Activ Leisure company runs a number of bars including Imaginarium wine bar and XO nightclub in Lincolnshire, and in association with John O'Donaghue as the outgoing Tenant who developed Carousel as the largest high street Bar in Huddersfield on the success of the brand in Lincoln.

The City Corporation of London instructed Fleurets to find an operator for this unusual Pavilion between Houndsditch and Aldgate in the City of London. Due to the location and source of funding for the original construction of the property the remit was to source not only the best operator and rental bid but to attract interest from those who had an element of social enterprise to their offer to bring a social benefit to the local community and area. Despite footfall to the City still recovering post pandemic, interest levels were excellent with over 10 proposals received.

Fleurets provided letting advice on the Raven which had been closed during the pandemic with the keys returned to the landlord and the bar stripped out. Whilst not marketing the property we agreed an off market deal with a rental uplift to multi-site operators, Pulse Developments. The property is now well invested with iconic fittings including the original Horseshoe Gold Bar servery from the Hospital Club, Soho and the psychedelic Missoni Carpet.

Shepherds was a well-known restaurant in affluent Pimlico frequented by politicians and local business people. The restaurant was put to the market to let on a fitted basis in the months prior to the pandemic. Interest levels were excellent and we agreed a deal significantly in excess of the guide rent. The deal became abortive and during the pandemic Fleurets successfully found another multi-site operator to take a new lease and the property is due to re-open as a high quality Italian restaurant.

An up-market contemporary pub and restaurant located on the main leisure circuit within Bury town centre. The rent £60,000 pa for a new free-of-tie lease. Fleurets quickly found a new tenant for the business.

Instructed on behalf of the local estate to let this country inn due to the retirement of the previous tenant. The property received substantial interest with a number of parties putting proposals together. After an interview process one party was selected and final terms agreed. The intention is to close in the first quarter of 2023 for a major refurbishment and relaunch to take this was fantastic venue onto the next phase of its long history.

Instructed to find a tenant on behalf of the owner, who had been running the pub since purchasing the freehold. Refurbished pub with letting rooms, Fleurets found the operator of an award-winning pub in Surrey to take the property on a new lease, paying a premium for the pub.

Bath city centre letting. Partially fitted restaurant on established licensed circuit within the UNESCO city of Bath. Letting to multiple site operator.

Instructed by a private client to whom we previously sold the property to, following extensive marketing and advertising we were delighted to be able to agree terms to a local community group, formed to acquire and save the village pub.

Instructed by a local authority to secure a suitable tenant for a multi-million pound development of a new beach side bar/restaurant overlooking the sea. Via our extensive networks of local operators we were able to secure terms to a private multiple operator with the venue opening early 2022.

Owned by a family brewer as part of their tenanted estate, initially advising on possible disposal we were able to attract a number of suitable tenants with terms being agreed to an experienced operator and the asset being retained and producing good income levels.

Instructed by a corporate pub company to secure a tenant on their pub which had been closed for a number of years. By utilising our local knowledge of existing owners and operators we were able to agree terms to a local couple with years of license experience.

Instructed by a local community group to find a suitable tenant for their village pub. Following an extensive marketing programme we were able to present a number of suitable operators with the group being able to successfully agree on a tenant.

Instructed by landlord as operator had entered administration, we were asked to find a comparable tenant with strong covenant through our extensive network of contacts we were able to agree terms with a national pub company with the lease completing quickly after heads of terms were agreed.

Flight Club, the home of social darts. Fleurets acted for the landlord, Melleca Properties Limited, in respect of the marketing and subsequent letting of the basement and ground floor of 55 New Oxford Street to Flight Club Darts Ltd on a new 20 year lease.