Local firms advise on Rick Stein’s Porthleven deal
Porthleven, on the South Coast of Cornwall, is soon to be home to a new Rick Stein restaurant and several Cornish firms have advised on the deal, including Scott Burridge Commercial and leading local law firm Stephens Scown LLP.
The new Stein restaurant will be sited in the old China Clay Building, a Grade II Listed structure within the historic fishing village of Porthleven, which was renovated to a shell specification by the Trevor Osborne Property Group. A newly formed bar restaurant within the building gained an instant recognition for providing quality food and drink in a stunning location.
Jeremy Beeching of Scott Burridge Commercial who brokered the agreement with the Rick Stein Group said: “We are delighted that Rick and Jill Stein have chosen to come to Porthleven, which is rapidly gaining interest as a tourist and foodie haven, and pleased that he has seized this unique opportunity to acquire this restaurant business.”
Trevor Osborne commented: “Porthleven is pleased to welcome Rick Stein as the newest restaurant to open in the village. Rick and Jill Stein’s reputation for fine cuisine will add to the attractions of the village. The speed with which the Stein team worked to acquire the lease of the restaurant was very impressive and we at the Porthleven Harbour & Dock Company were very pleased with the contributions made by Scott Burridge Commercial as the agents who introduced Rick Stein to the opportunity. We were also delighted to entrust the legal work to the Truro office of Stephens Scown. This leading law firm – and recent winner of the Property Law Firm of the Year Award – tackled the transaction and brought it to the speediest of conclusions. We will certainly be using them again – they were very impressive.”
Gavin Poole, a corporate partner at Stephens Scown LLP in Truro, and part of the firm’s food and drink team, advised on the deal. Gavin said: “It is exciting to see Rick Stein expand into new areas of Cornwall. Porthleven is already a popular destination, and the addition of a new Rick Stein restaurant will complement the many attractions of west Cornwall. Food and drink remains one of the biggest draws for tourists to our region and we were delighted to be able to help.”
Stephens Scown has over 40 partners and 260 staff across its offices in Exeter, Truro and St Austell. For more information visit www.stephens-scown.co.uk