BLP advises on the sale of Winchester Motorway Service Area from Roadchef Group to Moto
Berwin Leighton Paisner (BLP) has advised Roadchef Group, the third largest Motorway Service Area Group in the UK, on the sale of the Winchester Motorway Service Area to Moto Hospitality Limited.
BLP has a strong track record of advising motorway and trunk road service area operators, having continuously acted for leading companies operating in the sector for some fifty years and ever since the first Motorway Service Area was built. Roadchef Group are a new client to BLP, and were appointed following a short tender process.
The deal was completed in under two weeks and involved a multi-disciplinary team from BLP’s Real Estate and Corporate Finance practice groups. The Real Estate team was led by David Levy, supported by Melissa Moore, Adrian Houghton and Clare Kelsey. The corporate finance team was led by Keith Stella, supported principally by senior associate Richard Werner and by associate James Downey.
Moto Group were advised by the Birmingham office of Shoosmiths, led by corporate partner Geoff Perry.
Commenting on the deal, David Levy said: “To have advised Roadchef on the sale of their Winchester site in such a short timeframe was not only challenging but also a great project for us all as a team. BLP has been involved in advising motorway and trunk road service area groups for very many years so we were particularly pleased to have been selected to act on this transaction for Roadchef, who are one of the largest motorway service operators in the country. We very much look forward to developing with them a long and successful relationship.”
Geoff Perry said: “We’re very pleased with the result as this deal was particularly technical, but thanks to the level of expertise on both sides, we were able to complete it within the short timeframe.”
If you require any further information, please contact our press office at email@example.com.