Andrew Woods

Andrew Woods
Director, Head of Commercial Property
Office:
  • Banbury
Phone:
01295 204110
Specialisms:
  • Commercial Property
  • Andrew qualified with Westminster firm Radcliffes & Co. in 1988 before moving to Oxfordshire in 1999. He joined Spratt Endicott on its set-up in 2002.
  • His commercial property expertise spans all aspects including:
    • The acquisition, management and disposal of investment properties
    • Landlord and tenant matters
    • Commercial property developments
    • Strategic land acquisitions
    • Dealing with properties managed by Law of Property Act receivers 

Work highlights:

  • Acquisition and development of brownfield site, pre-letting to household name electrical retailer and subsequent sale of development to a pension fund
  • Acquisition of 35 properties - £35m portfolio
  • Disposal of 8 properties - £33m portfolio
  • Acquisition of land interests (including shared ownership, options & promotion agreement) in East Midlands town for strategic growth of the town
  • Andrew's client base is large and varied and includes: Aggmore Properties Limited, B&S Ventures Limited, Gadbrook Estates Limited, Barwood Land & Estates Limited, Case London Limited, Follie Follie (UK) Limited, Tamar Capital, H22 Group of Companies and Win Tennis Limited among many others

Professional memberships, publications and interests:

  • Chambers UK 2015 ranks Andrew as a Leading Individual, and notes his expertise in large portfolio acquisitions and disposals, strategic land acquisitions, and landlord and tenant matters.
  • Andrew is also ranked in The Legal 500 UK 2016 as a recommended lawyer.
  • Andrew enjoys tennis (including maintenance of his grass tennis court), gardening, cycling and spending time with his family

UK_recommended_lawyer_2016Chambers Logo

 

Case Studies

  • Option and Collaboration Agreements
    Andrew acted for a property developer in bringing together 11 Option Agreements and one Collaboration Agreement, for the comprehensive development of a small town in the East Midlands.  
  • Disposal of a 10-property Portfolio
    Andrew acted on and co-ordinated the disposal of a 10-property portfolio for £58M.  In addition to acting in the sale of a number of individual properties, he also had to co-ordinate input from other law firms acting on individual properties, and negotiated the contract for the overall portfolio.
  • Acquisition of Brown Field Site
    Andrew acted for a property company in the acquisition of a brown field site in Harlow.  He also negotiated an Agreement for Lease and Lease with an occupier and disposed of the investment for a consideration of £31M. 
  • Complex sale of Marcon RMC Limited
    John acted for the seller of a building materials company into the public sector.  John’s client’s corporate finance advisers, Bristol York Limited, had negotiated favourable terms for the sale of the client’s company, and the only problem which appeared to exist was that for tax reasons the transaction had to be completed within quite a short timescale.  The transaction proceeded comfortably, with John’s assistant Billy Ashley taking responsibility for dealing with the due diligence enquiries of the purchaser, and John’s Partner Hitendra Patel also assisting in the production of the deal documents.

    A few days before we were scheduled to complete the transaction, John and his team learned that there was a problem with a contract which was key to the business of the company being sold.  This necessitated John’s working all over one weekend with the very able assistance of John’s Commercial Property Partner Andrew Woods analysing the company’s position regarding this contract, meeting the clients and finally successfully satisfying the purchaser so that on the one hand John’s client was fully protected from any claim arising in respect of this contract after completion, and on the other hand satisfying the purchaser sufficiently to enable the transaction to complete.  

    The whole team, comprising the Spratt Endicott team, the Bristol York team and the client team were all delighted to conclude the transaction on time and on satisfactory and safe terms.  John was also very touched and appreciated the gift of a case of good wine from the clients to mark this completion.
     
  • Sale of Care Home
    We were engaged on the sale of a successful care home. 

    Our clients were confident that there would be a number of parties interested in purchasing the home but did not want to commence negotiating with all of them before deciding which one to proceed with.  The Selling Agents were instructed to prepare and circulate a sales memorandum and a share sale contract to selected interested parties, who were invited to make an offer on the basis of those documents. 

    The share sale contract was drafted by us in advance in an even handed manner but on the commercial terms on which the client was going to sell.  This saved the clients a considerable amount of time and money as it avoided unnecessary professional time in negotiating the terms of the transaction. 

    Parties interested in purchasing the home were invited to submit a price and payment terms they were prepared to offer, and a return copy of the draft share sale contract with their proposed changes.  

    The successful bidder had made very few changes to the final share sale contract and only a single all party meeting was required, which was the final completion meeting.  Usually transactions of this nature would involve numerous meetings prior to the final completion meeting. 

    The transaction was headed by Hitendra Patel (Corporate Partner) who was assisted by John Spratt (Commercial Partner), Carol Shaw (Employment Partner), Andrew Woods (Commercial Property Partner), Catherine O’Riordan (Commercial Assistant) and a Trainee Solicitor.
     

 

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