Holden Smith, the Yorkshire and Manchester based law firm, has advised bridalwear retailer, Dotty Bridal, with lease negotiations for its new 16,600 square foot flagship store at Tileyard North in Wakefield.
The store – which opened for trading on 11 August – is thought to be the first of its size and scale in the UK, and features a coffee shop, bar, accessory lounge, footwear boutique and private bridal changing suites set over four floors.
Simon Shires, commercial property solicitor at Holden Smith, said, “It has been a pleasure to work closely with Dotty Bridal founder, Shannon Martin, over a period of 18 months to support with legal advice throughout the search for a new premises.
“There were a few bumps in the road, and when Shannon finally sourced what is now Dotty’s new home at Tileyard North – a 16,600 square foot former grain warehouse built in 1820 – the transaction was complex, partly due to the building being listed and also because the client needed to carry out certain tenant works following completion and before the store could begin trading.
“We are delighted to have been able to support Shannon and her team to negotiate the lease terms for the building as part of a deal that helps accelerate their ambition to become the number one bridalwear retail destination in the UK.”
Ms Martin added, “Simon and the Holden Smith team have guided us through the lease process so efficiently, enabling me to thoroughly understand all clauses and negotiate and amendments swiftly to ensure we could agree terms and move into our new premises as quickly as possible.”
Dotty Bridal was founded in 2015 by Ms Martin with a £10,000 business loan. The company recorded a turnover of £1.5million in its last financial year and employs a team of 21 people.
Image provided by Holden Smith
