MSB is emerging as a key player in the growth of Liverpool booming bar and restaurant sector.
Laura Harrild in MSBs commercial property team has become the ‘go-to’ solicitor for hospitality entrepreneurs who need help with complex legal issues such as lease negotiations.
In recent months, she has acted for bars and restaurants including Dead Crafty Beer Company on Dale Street and Three Piggies on Allerton Road – the latest offering from the team behind Tribeca, who also have restaurants based on Smithdown Road and Berry Street.
Previously, Laura completed the purchase for Barley & Beans in Liverpool’s Hatton Garden and the sale for Jenever on Hope Street, previously Side Door.
She explained why using an experienced solicitor made the whole process run much more smoothly.:
“Sales and purchase negotiations are a lot more involved than lease, as it is the transfer of the whole business and needs greater review and due diligence,” said Laura.
She has been working with the team at up-and-coming Indian street food chain, Mowgli, which announced in April this year that it was opening a second outlet in Liverpool city centre.
The new restaurant, which will be based on the corner of Water Street and Castle Street, will open its doors in December and is already taking bookings.
Founder and former barrister Nisha Katona launched Mowgli in Bold Street in 2014, which was proceeded by a second restaurant in Manchester less than a year later. The Water Street site will be the third restaurant in their portfolio and there are plans for a Leeds site too.
Nisha Katona says she hopes the second Liverpool site will allow Mowgli to cater for larger groups – something they don’t have the space to do at their current Bold Street restaurant.
“We love our home on Bold Street, it’s very special to us and has provided the perfect location for us to really let people know what we’re about – but we can’t always cater for the demand because it’s so tiny.
“The new Castle Street site is perfect for us as it means we can take those larger bookings, whilst being part of a really exciting resurgence that seems to be occurring in that part of the city. Can’t wait to throw open our doors.”
Laura has assisted Nisha and the team by negotiating new lease and ancillary documentation and reviewing title and searches.
She said: “It’s been great dealing directly with Nisha – she is someone who is incredibly passionate about what she does, is a real go getter and just generally a very positive person to be around.
“But given Nisha’s ambitions to grow, I only wish I could have made the process quicker for her – sometimes these things can take time and it can be tricky to toe that line for the client, but we’re getting closer and I’m looking forward to the launch of the second Liverpool site next month.”
Laura says she enjoys working with bars and restaurants because the work can be exciting and the results are tangible.
“The work can be highly pressured and deadlines are often very tight. That said, I find it really is very rewarding work – particularly during such an exciting phase for the hospitality sector in Liverpool – there a new bars and restaurants opening all the time and it’s fantastic to be a part of this revival.”
MSB provide a full range of legal services in the property and commercial property sector, advising landowners, developers, investors, landlords and tenants on a range of matters including lease negotiation, sale and purchase, acquisitions and disposals, commercial and residential development, property management, landlord and tenant, property funding, joint ventures and property litigation.