Welcome Break, one of the United Kingdom’s largest operators of rest stops and a portfolio company of Arjun Infrastructure Partners, has concluded a landmark agreement with National Highways and the U.K. Department for Transport to extend leases at eight of its sites for a further 75 years.
Welcome Break operates 60 motorway service areas and 31 hotels across the United Kingdom. The business is at the forefront of the United Kingdom’s transport decarbonization agenda, operating one of the country’s largest fast-charging electric vehicle (EV) networks. The eight sites with new lease extensions are Newport Pagnell (M1), Corley (M6), Woodall (M1), Birchanger (M11), Warwick (M40), Membury (M4), Keele (M6) and Leicester Forest East (M1). All are located on land owned by National Highways, England’s Strategic Road Network operator.
Arjun said the first-of-its-kind agreement in the motorway services space demonstrates the essential role Welcome Break plays in the Unit