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Brabners advises Peel Ports on Everton Football Club contract lease at Bramley Moore Dock

Brabners advises Peel Ports on Everton Football Club contract lease at Bramley Moore Dock

Wednesday 29th November 2017

Everton Stadium Development Limited (a wholly-owned subsidiary of Everton Football Club) and Peel Land and Property (Ports) Limited have formally signed an agreement for the Club to lease land at Bramley Moore Dock, Liverpool Waters.

The lease, which is conditional upon gaining planning consent for the proposed new stadium and securing funding for its construction, will run for a period of 200 years at a peppercorn rent.  

The signing of the agreement is a significant milestone in the project and means Everton effectively now controls the land upon which a new stadium would be built. This follows several years of searching for a new site and is the culmination of an exhaustive search across the city. 

The proposed new stadium at Bramley Moore Dock will be a catalyst for the £5.5bn regeneration proposals for North Liverpool which is set to be one of the largest and most transformational in the city’s history. 

The stadium will help accelerate Peel Land and Property’s Liverpool Waters development - which stretches along Liverpool’s waterfront and is made up of five neighbourhoods. The new stadium at Bramley Moore Dock will be complemented by a host of leisure amenities and facilities to enhance the visitor experience. Plans also include two new river terminals – a new cruise liner facility as well as the Isle of Man ferry terminal – and a range of office and residential developments alongside a waterfront cultural complex.  

Peel was advised by Iain Gamble and Luke Taylor at Brabners on all property matters.

Iain Gamble, property partner at Brabners, said: “Everton has a clear vision and ambitious plans for the proposed stadium at Bramley Moore Dock and this marks an important milestone in that journey. The new stadium will provide a fantastic addition to Liverpool’s waterfront, as well as acting as a real catalyst to both the Liverpool Waters scheme and wider development plans north of the city. It has been a pleasure to support Peel throughout this process.”