Herbprime

Specialist Industrial Unit advice

Herbprime are a top UK and EU Chinese herbal medicine supplier, whose products include granules, acupuncture needles and accessories. Herbprime commenced its business in 2006 as sole distributor of Sun Ten Pharmaceuticals from Taiwan and has continued to grow successfully.


Location
Manchester
Date
2013
Service
Commercial Purchase
Specialist Projects

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Introduction - a word from Rick

Herbprime agreed the purchase of their new premises directly with the Estate Agents, a joint sale between WHR Property Consultants LLP and Berkeley Brown. The purchase was part of an expansion plan which included a relocation from Salford. The Sales Memorandum was then sent to all parties; Herbprime, their Solicitor at Jackson Barrett & Gass and finally, the vendor’s Solicitor.

The legal documentation was forwarded to Jackson Barrett & Gass to check and approve. The purchase was made slightly more complicated with the current parking spaces being covered by a separate Lease, and a specialist Chinese mortgage lender being used who required separate representation.

Rick Barrow
Marketing Director, Jackson Barrett & Gass

Jackson Barrett & Gass performed their usual duties, including but not limited to:

  • Checking the Freehold & Leasehold titles
  • Submitting searches requested by the client and mortgage lender
  • Checking the Commercial Property Standard Enquiries (CPSEs)
  • Raising further enquiries on all of the above
  • Preparing a formal report with references to specific clauses and enquiries
  • Reporting to the Mortgage Lender’s legal representation
  • Arranging document signing by the Directors, one of whom is based in Taiwan
  • Subsequently approving a separate Lease of Land at the rear to a neighbour

Jackson Barrett & Gass took the stress out of the buying process. They liaised with all parties throughout & were proactive in helping us secure the building which is key to our expansion. They also helped us with Leasing of the land at the rear which secured extra revenue for the business.

David Yen
Director, Herbprime
Herbprime Stock

Commercial Unit

Herbprime agreed the purchase of their new premises directly with the Estate Agents, a joint sale between WHR Property Consultants LLP and Berkeley Brown. The purchase was part of an expansion plan which included a relocation from Salford. The Sales Memorandum was then sent to all parties; Herbprime, their Solicitor at Jackson Barrett & Gass and finally, the vendor’s Solicitor.

The legal documentation was forwarded to Jackson Barrett & Gass to check and approve. The purchase was made slightly more complicated with the current parking spaces being covered by a separate Lease, and a specialist Chinese mortgage lender being used who required separate representation.

We are proud to have assisted a rapidly growing company like Herbprime. We appreciate the need to keep parties informed throughout the process, particularly this purchase with the involvement of an additional Estate Agent and Solicitor

Luke Hewitt
Solicitor

Why Jackson Barrett and Gass?

We have the expertise to handle the whole commercial process, including drafting any associated legal documents.

We have the expertise to handle the whole commercial process, including drafting any associated legal documents. As an established law firm, we understand the concerns you may have when it comes to a start-up business, which is why we offer professional advice so you can be confident with the process. We also understand the practicalities of starting a business and that access to the property is paramount.

Jackson Barrett & Gass have always been a specialist private client firm. We provide a number of limited but linked areas of law, this has ensured our staff are knowledgeable and experienced respectively.

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Want to find out more?

To arrange a discussion about any property matter, please get in touch with our commercial conveyancing team on 01625 523988 or mail@jbgass.com.