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News Article

DOOR TO DOOR IN THE SPACE OF 3 MONTHS Just to prove the point that swift agency transactions are not a complete myth, we can report that clients of BDT, Engelmann & Buckham Ltd, successfully acquired offices late last year within the space of 3 months. We commenced our search for E&B in late September 2010, their requirement being to remain in or around Alton in Hampshire, relocating into 2,000 – 2,500 of good quality offices. Following the findings of our initial report, we conducted a series of viewings, culminating in negotiations to acquire Access House in Lenten Street, comprising 2,075 . In the process, significant savings accrued to our client, primarily with regard to a release of many of their obligations to dilapidations on their existing and larger building, which was the subject of an independent transaction between their landlord and a newly identified tenant. This served to “concentrate minds” and ultimately both transactions were completed simultaneously the week before Christmas. Engelmann's business involves buying and selling high quality industrial machinery for various clients in a number of industry sectors, including processing, packaging and filling. Their equipment is used extensively in processes associated with household chemicals, dairy produce, sauces and juices, and they are also known for the supply of equipment used in the quality control and lab testing of plastics. The speed of this deal, and indeed the associated transaction, goes some way towards restoring our faith in the legal process, although it has to be said that all parties involved need to be of like-mind and respect the need for proactivity and priority. – ENDS – Contact for further information:Richard ThomasbdtE-mail: 01256 840 777


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