Dear all,
Sorry for the slight delay in forwarding this.
Received the email below from Nicholas Upton on 10th July.
I am a little unclear as to what he is proposing. I believe it is to:
1. Ensure access to the Cube is maintained by way of easement following the
sale of the car park (likely to be sold to no7 King Square)
2. Establish an independent power supply to the Cube (?). It's a bit
unclear and I haven't been party to earlier discussions on this but if the
suggestion is that mains power has to be rerouted and no longer be accessed
from the basement of 4 King Square this could represent a significant cost.
How do you wish this to proceed? I can arrange a meeting with Nick Upton to
discuss the electrics in person to really understand his proposal. It's
sometimes easier than via email as he can be a little obscure.
Best,
Jo
"Afternoon Jo,
Progress is being made with Gleeds of Bristol on drawing up the
specifications for works within No 4 King Square.
The intention is progress with these works providing to Andrews units with
fresh kitchens, wet areas , decoration. All to then be sold on long leases,
followed by the freehold.
Advice given by both Gleeds & our solicitors is that the current facility
,easement provided to the Cube be altered.
The separation will then enable a clean freehold of No 4, independent
electrical power to the Cube.
In your house papers with Hogie you will find that this proposal was
requested by the Cube. We can facilitate this by providing an easement over
the car park, as is the case for access. Organised post the fire within No
4.
I am awaiting a valuation from Bruton Knowles on the car park, the interest
in it being from No 7 King Square. A logical purchase as the majority of
spaces are within there use.
So, in anticipation of this, I believe it prudent to open this discussion,
provide an easement for your works.
Our time schedule is completion of all above within the next 12 months. The
car park upon valuation, subject to acceptance of the figure.
This broadly settles the current arrangements, gives both separation,
resolves the concerns on safety.
Your response please when you have discussed this with your directors.
Nick."