When a personal guarantee has to be given in order to give a lender the security it needs, the guarantor hopes that the guarantee will never be called in. However, when it is, the loss suffered by the guarantor will normally qualify as a loss for Capital...
Consumer spending on retail and leisure continues to grow, with eating and drinking out, and in-home leisure, culture, and entertainment seeing a continuous rise in spending, much of it driven by Millennial consumers. Research shows consumers aged 18-34 retain a positive outlook regarding leisure spending, giving confidence to the retail and leisure industry and investors.
At Harold Benjamin, we have a multi-disciplinary team representing a broad spectrum of owners and operators in the retail and leisure sectors. The team is led by Robert Souber, who has a national reputation for working closely with brands, and their in-house teams and external advisors. Robert is supported by Sam Wooderson, Solicitor and Kelly Morris, all of whom work with entrepreneurs who are at the forefront of innovation in the leisure and retail sector.
The team works closely with other practice groups both in Harold Benjamin’s West End and Harrow Offices, offering our retail and leisure clients streamlined and comprehensive legal solutions.
Clients we work with
Our clients include corporate and private individuals, global luxury brands, multiplex and art-house cinema operators, one of the UK’s premier estate and letting agents, several multi-outlet retailers, and well-known names from the property sector. Some of these brands include: Alexander McQueen, Balenciaga, Boucheron, Bread Factory, Christopher Kane, Countrywide Group, Fonehouse, Gail’s Bakeries, Hamptons, Headmasters, Ladbrokes Coral, Pomellato, Roksanda Illinic, The Flour Station, Vivienne Westwood and YaccoMaricard.
Our clients are at the forefront of innovative retailing; as such, the instructions we receive are often complex, market sensitive, or time critical. When handling matters of this nature, our experience ensures that clients receive a bespoke service at every stage, whether it be a single unit or multiple outlet portfolios.
Robert and his team advise on every element of the retail and leisure sector, including:
- acting on leases of shops, bars, restaurants and other leisure premises for tenants and landlords
- acting on assignments and surrenders
- acting on underlettings
- advising on all landlord and tenant issues relating to the occupation of retail and leisure premises including dilapidations, service charge disputes, break clauses etc.
Sale, purchase or lease of commercial property
We are recognised as one of the UK’s leading commercial property law firms. Our team can advise you on purchasing or leasing commercial property for your brand, both domestically and internationally. We also provide guidance on matters such as rent reviews, lease renewals, tenancy agreements, and issues arising from the Landlord and Tenant Act 1954.
Robert and his team advise and represent clients on all matters arising from the Licensing Act 2003. Licensing can be a complex issue, especially for retail and leisure clients who have multiple premises throughout the UK and abroad. Not only can we advise on applications and variations of premises licences, but we can also swiftly act should a compliance breach occur.
Having clear, robust commercial contracts is vital to the success of any enterprise. Thanks to our in-depth experience of the retail and leisure sector, we have exceptional knowledge of the unique opportunities and challenges faced by clients and can draft and negotiate contracts to ensure your best interests are protected.
There is no doubt the retail and leisure industry will face challenges in recruiting talent over the next few years as the UK leaves the European Union. In addition to advising on employment contract/director service agreement terms, and share schemes to attract the best in their field to your organisation, we can also assist with Tribunal claims, settlement agreements, Equality Act 2010 compliance, and TUPE matters.
Intellectual property (IP) is not simply a concept to be protected; nowadays, it is a significant business asset, especially for businesses looking for investment. At Harold Benjamin, we will partner with you to apply for patents, trademarks and design rights as they are developed, and act quickly and decisively should an infringement of your IP rights occur.
Mergers and Acquisitions
To ensure a merger or acquisition progresses smoothly, our team will partner with you, gaining a firm knowledge of all the matters relating to the deal and understanding your company’s objectives. Our experience and contacts allow us to meet tight deadlines, and we will work with you after the matter is completed to ensure the new venture runs has the smoothest possible start.
Understanding your commercial ambitions
What sets Robert and his team apart is although they are meticulous in advising on the legal aspects of a matter, they are business people first. By employing an approachable, modern, entrepreneurial attitude, they can fully partner with your internal team and external advisors, driving matters forward to ensure targets and objectives are met on time and on budget. We take the time to discover what success means for each individual client, then develop a strategy to ensure these goals are achieved.
For further information on how we can advise on matters relating to the retail and leisure sector please contact Robert Souber on 020 7224 0888