Commercial Property Department

The commercial property department acted on behalf of Prospect Estates in their sale of a multi-million pound portfolio of properties totalling some 640,000 square feet of industrial and offices premises to HIG Bauer Property.

Since the sale, Prospect have continued their acquisitions, purchasing Greenfield Industrial Estate Bishop Auckland, a unit at Cold Hesledon Industrial Estate, Provincial House in Bolton, Haverton Hill Billingham and Douro House Stockport all since the disposition. David Evans acted on the portfolio sale and each of the acquisitions.

Supreme Court

We are thrilled to report the successful outcome of a highly unusual case which our commercial litigation department steered through the Supreme Court earlier this year.

After two full days of heated argument between QCs on both sides, Lord Neuberger and four other judges sitting in the highest court in the land agreed that a dispute over the status of the leader of a branch of the Sikh faith was one which should be dealt with by the UK courts and overturned the contrary decision of the Court of Appeal.

Brian Addlestone comments: “This was an amazing experience, hard work but extremely intellectually rewarding and it was fascinating to hear the biggest legal brains in the country debating a complex area of the law. It was nerve racking waiting nearly 4 months for the Judgment but a great feeling when it arrived to see we had won!”

New Premises

We are delighted to announce our imminent move to new purpose built offices at G4 Whitehall Waterfront, 2 Riverside Way, Leeds LS1 4EH.

We will be leaving Carlton Tower on 21 February 2014 after 20 years. There have been good times and bad, ups and downs, but we have outgrown the space here as the business has expanded.

We are not moving far but we do hope that the change of location will be welcomed by all of our clients as well as being a fresh start for all of us at AK and we look forward to seeing you there soon.

Linford Wood

The Commercial Property Department acted on behalf of a long standing client, Prospect Estates Limited, in its acquisition of Linford Wood Business Centre, Milton Keynes comprising five self contained office buildings spanning over 118,000 square feet.  David Evans acted for Prospect.

Red’s True Barbecue Call Lane Leeds

Our Commercial Property Department has just completed a lease for an exciting new restaurant in Leeds City Centre.  Red’s True Barbecue have taken 2,590 sq ft of prime retail space at 1 Cloth Hall Street (formerly occupied by Venture Photography) to house the first of their authentic US BBQ smokehouses. Red’s is the brain child of James Douglas and Scott Munro, two local entrepreneurs who aim to bring a taste of American BBQ to Leeds with their prime cuts of locally sourced meat smoked low n slow for up to 18 hours over hickory and fruitwoods inside their custom made and specially imported Oklahoman smokers. The transaction was headed by Sally Roberts.

Intoprint UK secures funding

Sheffield based family printing firm Intoprint UK has secured funding from Seneca Investments. Our Corporate Department acted on behalf of the Lax family. See here for more details.

 

Flying the Nest!

Our Corporate Department acted on behalf of the shareholders of Leeds based lettings agency Nest Lettings & Management Limited in their sale of the entire issued share capital in the company to Countrywide Estate Agents. Formed in 2005, award winning Nest is one of Leeds’ most high profile and dynamic lettings agencies.

 

Flying Start

Our Commercial Litigation Team have started the new financial year with a bang, having secured a highly remunerative but well deserved outcome in the High Court for one of our largest insolvency practice clients.

Insolvency work continues to be a growth area and we are particularly busy in the area of debt collection where we are able to offer a competitive service, often on a fixed or contingency fee basis, depending on the nature and volume of the book debt being pursued.

Landmark Reached!

On 9 March 2012, Addlestone Keane celebrated its 20th Anniversary.  Senior Partner, Brian Addlestone, commented “Having set up the firm 20 years ago, I am delighted to have reached this landmark with the firm going from strength to strength.  It is of great satisfaction to see that in addition to the new clients that we have added on our journey, we still act for many of our original clients who helped get us going all those years ago”.

Brighter Prospects

The Commercial Property Department acted for Prospect Estates Limited in its acquisition of 145,000 square feet of buildings situate on 10 acres in Blaydon, Tyne and Wear.