Mourant assists Co-op with Five Oaks Business Park deal

Posted: 11/05/2022

Professional services business Mourant has assisted the Channel Islands Co-operative Society with a 21-year lease at the newly constructed retail unit at Five Oaks Business Park in Jersey.

The £12m business park comprises a Co-operative food store, self-storage facility and industrial unit measuring 10,300 sq ft.

Mourant advised the Co-operative on a pre-let agreement, which was signed off-plan before the development started, and saw the deal through to completion and passing of the lease before Court last week.

The lease marks the next phase of the Co-operative's retail expansion in Jersey. Mourant also assisted the Co-operative last year with its new store at Sion.

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