The commercial property team at BPE Solicitors LLP has acted for Stobart Group, one of the largest infrastructure companies in England, on a sale and lease-back agreement of an 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 sale and lease-back for Stobart Group, and 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.