Cheltenham solicitors advise on £7.5 million office sale
By Richard Wright | 28th February 2022
Cheltenham-based BPE Solicitors have advised on the sale of a £7.5 million office block.

The commercial property team at BPE advised property development and investment company, Boultbee Brooks Real Estate, on the sale of The Lightbox Building in Bracknell, Berkshire.
After successfully completing a renovation of the building and arranging re-lettings to new tenants, Boultbee Brooks took the opportunity to sell the property to a family owned investment company, which has a diverse and global property investment portfolio across a range of countries and sectors.
Doug Armstrong, commercial property partner, with support from solicitor Natalie Hopkins and paralegal Eleanor Gobey, led in advising the long-standing client on the sale of the multi-let office accommodation, compiling property and tenant due diligence to satisfy both the buyer and their lender.
As well as negotiating the sale contract which included an escrow, or contractual agreement, for vacant units, alongside deeds of assignment for rental deposits and construction documents and warranties.
BPE has been acting for Boultbee Brooks since 2014, overseeing property acquisitions, investments, leases and disposals. Most recently, Doug and his team advised on the letting of office space to Gorilla TV.
Doug said: "Having worked with Clive Boultbee-Brooks and his team for over a decade, it's been great to see the property portfolio grow and vary so successfully".
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