Darlington lawyers seal premises deal for further expansion of UK’s largest independent travel agent
Latimer Hinks has played a key role in a deal, which has seen Hays Travel, the travel agent founded in Seaham, open a new store in the Metrocentre.
The Darlington-based law firm, one of the longest established in County Durham, provides commercial property services to Hays Travel. The new lease, agreed between Intu Metrocentre and Hays Travel, was negotiated and completed by Latimer Hinks, a sector-leader in property law.
Adam Wood, a property lawyer at Latimer Hinks, said: “We have been delighted to use our expertise to support the new relationship between Hays Travel and Intu Metro Centre, a relationship we hope will be beneficial to both parties for many years.”
Hays Travel is the UK’s largest independent travel agent. Founded in County Durham in 1980, the firm has grown to become the UK’s largest independent travel agent with more than 140 outlets nationwide and a turnover in excess of £800million. The new Metro Centre store adds to Hays’ growing portfolio, providing premises in the UK’s largest leisure and retail centre.
Peter Robinson, Facilities Manager at Hays Travel, said: “Latimer Hinks has acted on behalf of Hays Travel for a number of years, dealing with all types of instructions regarding our extensive property portfolio. Their expert knowledge of commercial leases meant they were ideally placed to deal with a large landlord, such as Intu, and we were very pleased with the final lease which struck a fair balance between landlord and tenant.”
This was posted in Bdaily's Members' News section by Recognition PR Business Team .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular North East morning email for free.