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HCB advise Stratford restaurant in lease negotiation

Pictured: Andrew Jones, left, HCB commercial property team; Chris Short, Essence Restaurant, and Sarah Rao, associate solicitor at HCB Stratford office

Major Midland law firm HCB Solicitors advised Warwickshire's latest restaurant on the lease acquisition for its premises in the centre of Stratford-upon-Avon.

Chris Short already has a restaurant in Alcester but was keen to bring his brand of fresh recipes to a wider audience and selected a site with vacant possession in the Old Red Lion Court in Bridge Street.

HCB has offices in Alcester and Stratford and was the obvious choice to negotiate what became a complicated sub-lease agreement for the second Essence restaurant owned by Chris. 

Andrew Jones is a solicitor in the HCB commercial property team which acts as an umbrella department for the company's offices in Walsall, Lichfield, Redditch and Solihull as well as Stratford and Alcester.

He advised on the negotiation made more difficult because the previous holders of the sub-lease were no longer in the UK.

The premises had been empty for six months and Chris needed to open the new restaurant to catch the Christmas trade and so time was tight.

Andrew said: "There were problems but after we managed to unravel the difficulties surrounding the sub-lease we finally agreed on a 25-year term and rental and Chris opened Essence at the end of October".

Essence is based on a British and modern European menu served in contemporary surroundings.

 

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Article published by Midlands Business News on 28 November, 2011

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