B&M Retail Ltd - store acquisitions
B&M Retail have been established for over 30 years and is now one of the UK’s fastest growing retailers.
We have worked with B&M Retail for approximately ten years. Joanne Fearnley, heads the team who advise B&M on most of their property transactions. Throughout the period July 2009 – August 2010 we have dealt with approximately 28 new store acquisitions by way of leases or assignments of existing leases.
B&M Retail is a growing client and has plans for rapid expansion. The company has grown to 200 stores and now has over 5,000 staff. They have been opening new commercial property premises at the rate of one a week for the last two years and Gordons have advised on most of these transactions.
How we helped
Gordons’ experience in the retail sector allowed us to provide B&M Retail with straightforward and commercial advice to help them with their rapid expansion plans, and our specialist property management team helps the business manage its growing property portfolio.
Our expertise in dealing with high street retail properties and in retail parks has proven invaluable in advising B&M on its plans for new stores in this highly competitive market place.
" Joanne Fearnley and her team at Gordons provide us with a fast and flexible service which ensures our store acquisition programme is in line with our ambitious growth plans. The lawyers we deal with at the firm are commercially astute and in tune with our entrepreneurial approach which means they always provide advice which is focused on B&M achieving its business objectives. "
Simon Arora, Managing Director B&M Retail Limited
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Solicitor
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Solicitor