Legal & Professional

BPE acts for Stobart Group in sale and leaseback

Published by
Nicky Godding

Cheltenham-based BPE Solicitors’  acted for Stobart Group in the sale and lease-back of its £25.5 million industrial facility and office headquarters in Widnes, Cheshire.

The 40-acre site in Widnes includes 23,000 square feet of new offices that will serve as the headquarters for Stobart Group’s energy division, a 180,000 square foot warehouse used to store and process biomass timber waste and a further 20 acres with plans for development.

Rebecca Maxwell, Partner with BPE Solicitors, completed the agreement for Stobart Group. She said: “We are delighted to continue our long-term relationship with Stobart Group. This sale and lease is a great example of the high-calibre work carried out by our 25-strong commercial team at BPE.”

Stobart Group is a FTSE 250 listed company and is one of the UK’s leading infrastructure and support service businesses in the energy, aviation and rail sectors.

Nicky Godding

Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe. After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts. She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.

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