Pictured: (back l-r): Wendy Moore, James Woodward and
Davinder Jaspal with Sam Jackson (front)
Derby law firm Nelsons has advised Wendy Moore in the
acquisition of Belper-based Fresh Basil, which is listed by The
Independent as one of the UK's top 50 delicatessens and described
as 'the antithesis of some of the more chi-chi delis'.
Nelsons was instructed by Wendy to act for the buyer,
Fresh Basil Limited on the purchase of the business and assets of
the Deli and Eatery on Strutt Street from two of three
shareholders, Roma Bothamley and Tim Dakin, as they retire from the
owner managed business.
On completion of the deal, Wendy and Sam Jackson, Fresh Basil's
third original partner, became joint shareholders in the new
limited company.
Commenting on the deal, Wendy says: "I was brought up in the
food industry. As a big food lover and a fan of fresh, local
home-grown produce, I've also been a customer in the shop for many
years so know it's a thriving and popular business. When I saw the
opportunity to take it over with Sam, I jumped at it and am looking
forward to us working together to give Fresh Basil's clientele the
unique experience and quality produce they have come to love."
Fresh Basil first opened its doors in Belper six years ago and
now employs 20 staff.
"Wendy's enthusiasm and ideas for developing Fresh Basil is
invigorating. It's given the shop a new lease of life and I am
delighted to be working with her on growing the business going
forward," says Sam, a 30-year old Belper man.
Nelsons' solicitor Davinder Jaspal advised on the transaction,
with associate James Woodward handling property matters.
Davinder comments: "I was instructed by Wendy in agreeing the
terms of the acquisition, negotiating the sale and purchase
agreement and bringing the deal to completion, working alongside
James who dealt with the lease work on the business premises.
"In a business of this nature, the devil is in the detail and we
worked hard to ensure that the acquisition was completed in a
thorough and timely manner, appropriate to our clients' needs. We
wish Wendy and Sam every success in this thriving business."
Housed in a unique and character-filled former garage for
horse-drawn fire engines, Fresh Basil draws customers from across
the county. It stocks a wide range of produce, both from local
Derbyshire suppliers and from further afield. Offering cooked
meats, pates, pies, fresh salads, cakes and marinated olives, the
Deli is also renowned for both its artisan cheese counter with a
hand-picked selection of over 60 varieties and its bespoke
hampers.
In addition, customers can enjoy the company's wares and deli
tapas at a sit-in cafe area split over the ground floor and
mezzanine level above, or by using its take-away and catering
services.
For more information about Nelsons, please visit their website
here: www.nelsonslaw.co.uk