Our client, the landlord of a prominent city centre building, has planning permission to redevelop the building to create a new restaurant and office scheme in a prime core Manchester location.
The ground floor of the building was occupied by two retail tenants whose leases were protected by the Landlord & Tenant Act 1954. This raised obvious concerns for the landlord. Metis was asked to secure vacant possession of the two retail units in a timely manner so as to not disturb the development programme while also keeping the costs of securing possession to a minimum.
Metis advised on the service of the relevant notices to terminate the leases and subsequently successfully negotiated a surrender of the two leases with the tenant’s representatives ahead of the dates set out in the notices without needing to involve the Court process.
The practical and pragmatic approach of our team has kept costs to a minimum and meant that the development programme has not been fettered. The Metis Leisure agency team is now working with the owners to secure pre-lets for the new restaurant accommodation to be created.