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SJ Berwin LLP
Friday, March 16, 2007
SJ Berwin LLP Advises British Land on Sale and Leaseback of Somerfield Supermarkets
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Corporate and commercial law firm SJ Berwin's real estate department has advised British Land on the sale and leaseback of a portfolio of eight Somerfield supermarkets for £20 million. The stores were in Cleethorpes, Immingham, Kirkby, Leeds, Banton Gorton (Manchester) and two in Scotland: Cumnoch and Hamilton. The leaseback rents are on 25 year RPI-linked leases. The SJ Berwin team was led by real estate partner Lewis Myers, assisted by associate Jason Tann. Andrew Glynn and Simon East of TLT Solicitors acted for Somerfield.

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