Shepherd and Wedderburn Delivers Ocado Bristol Base
November, 2010 - London, Scotland
Leading UK law firm Shepherd and Wedderburn, has completed the acquisition of a long leasehold property at Avonmouth, Bristol for new client, Ocado.
The 2.4 acre site will be used to build a 40,000 sq ft distribution centre through which Ocado will be able to expand its service to an additional 1 million homes and create up to 170 new jobs. The deal highlights the continued expansion of Ocado, the online grocery delivery service that partners with John Lewis and Waitrose.
Shepherd and Wedderburn was appointed in September to provide property, planning, construction and procurement support to Ocado as it expands its operations in England.
Founded by Tim Steiner and Jason Gissing, Ocado is the first in a new generation of supermarkets, placing emphasis on quality, accessibility and the true environmental impact of the grocery journey. The company floated earlier this year, partly to fund further infrastructure growth.
Michael Scott, a partner in Shepherd and Wedderburn’s London commercial property team, is leading the relationship. He commented: “Ocado is a growing business that is devoted to doing things differently by offering a greener alternative. Expanding its infrastructure is a key part of this vision.”
