Leading law firm Geldards has revealed its role on the plans to create a £3 million heritage vehicle centre at former Rolls Royce Site, acting as legal advisor to Derby City Council.
The project, which is expected to create 120 jobs, will see the former Light Alloy site, in Osmaston Road, transformed into a centre where owners of classic vehicles, including cars, motorbikes and lorries, can bring their pride and joys to be repaired and restored.
Geldards provided legal advice to Derby City Council regarding the funding of the project and on a wide range of complex legal issues for the benefit of the project, which enabled it to get the green light to go ahead.
Corporate Partner Jenny Chatten and Senior Associate Sarah Bailey led on the advice to Derby City Council, supported by Associate Sharon Lowe who advised on property matters.
Jenny Chatten comments: “Geldards are thrilled to have played an important role in helping this extremely exciting project get off the ground. It’s going to be a great addition to the city of Derby attracting visitors and creating employment and skills training. We have a long working relationship with Derby City Council and enjoyed working together to breathe life into this scheme.”
Plans for the project were submitted and approved earlier this year, and the city council has also made another contribution to the scheme by lending the company, Great Northern Classics, £1.25 million from its Derby Enterprise Growth Fund.
