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Friday, October 20, 2023

SJ Berwin LLP advises Gazeley on acquisition of 40 acre development site in Liverpool

Corporate and commercial law firm SJ Berwin LLP has advised Gazeley on the acquisition of a 40 acre site in East Lancashire Road, just outside Liverpool. The site was acquired from United Utilities Property Solutions Ltd a subsidiary of United Utilities for just over £11.9m.

Gazeley intends to develop the site for warehouse/distribution use through the G Park template being employed nationwide.

Darren Rogers summarised: "It is exciting that the acquisition will foster on-going links between the clients. The team work between both sides was an important and refreshing factor in ensuring that the deadlines were met."

The SJ Berwin team was led by Darren Rogers, associate, advising on real estate issues with associate Melissa King, associate Jo Bainton advising on planning and Giles Bavister, on tax. United Utilities was advised by real estate partner Peter Kershaw of Addleshaw Goddard assisted by Colette Banks.

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