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  • Commercial Property Team Advise on Restructuring of Large Motor Group
Amrita Bartram
23
Mar
Commercial Property Team Advise on Restructuring of Large Motor Group

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.

Girlings has offices in Ashford, Canterbury and Herne Bay.

Before relying on this commentary please read the Reliance on information posted section in our Terms of Website Use in our Legal section. Please note that specialist advice should be taken in relation to any specific queries and the information above is provided for general information purposes only.

Authors

Amrita Bartram

Partner
Commercial Property
upper shape

Our Experts

Jeremy Burke

Head of Department
Commercial Property

Amrita Bartram

Partner
Commercial Property

David Redgate

Partner
Commercial Property

Amy Husk

Senior Associate Solicitor
Commercial Property

Simon Stempien

Senior Associate Solicitor
Commercial Property

Sophie Robins

Senior Associate Solicitor
Commercial Property

Allison Simmons

Conveyancing Executive
Commercial Property

Macauley Cubitt

Trainee Solicitor
Commercial Property

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