Fladgate LLP has advised a private family trust on the sale of the state-of-the art M&S distribution centre in Castle Donnington, North Leicestershire for £82.575m.
The 1 million sq ft distribution centre is half a mile long, 100ft tall and covers a 60 acre site. Goods are freighted directly to the site after 1.5 miles of dedicated rail track was laid connecting the distribution centre to the national rail network, opening up the East Midlands Rail Freight Terminal. The building boasts the longest solar panel wall in Europe. The energy produced from this heats the centre.
Fladgate real estate partner Richard Kaufman led the team advising the trust with assistance from corporate partner Avram Kelman, real estate finance senior associate Nick Mumby and corporate solicitor Sophie Price.
We operate in small teams in which partners not only take the lead but also do a significant amount of the detailed work. Clients can be assured that the partners they engage and brief will remain closely involved in developing and delivering the advice as part of our close-knit, expert teams.
Fladgate has a long heritage of delivering high-quality legal advice. We have been providing practical legal solutions to businesses and private clients for over 250 years. Today we are one of the UK’s top 100 law firms, with over 80 partners and a reputation for providing solutions that work.
T: +44 (0)20 3036 7000
F: +44 (0)20 3036 7600
DX: 37971 Kingsway
The legal content provided by Fladgate LLP is for information purposes only and should not be relied on in any specific case without legal or other professional advice.
Copyright is owned by Fladgate LLP and all rights in such copyright are reserved. Material is not to be reproduced in whole or in part without prior written consent.
Fladgate LLP is a limited liability partnership, registered in England and Wales with registered number OC334334. It is authorised and regulated by the Solicitors Regulation Authority, number 484783. The term partner is used to refer to a member of Fladgate LLP. A list of members is available at the registered office shown above.