Girlings has acted for one of the largest motor groups in the South East for approximately 20 years.
Partner, Amrita Bartram advised the client on the property aspects of a multi-million pound asset sale to a nationally recognised car dealership company. This involved a separate property sale contract for the transfer of the dealership site for in excess of £3million. The sale was conditional on an interim short lease and a deferred purchase price arrangement requiring the entering into of a legal charge in favour of the client and a sub-charge on that legal charge in favour of an institutional lender. This arrangement involved complex negotiations on a tripartite basis.
For advice on restructuring or other commercial property matters, please contact a member of the Commercial Property team.