Statement on bp Sunbury headquarters announcement
Spelthorne Borough Council owns the bp Sunbury headquarters site, which is leased to bp as part of the Council’s commercial property portfolio and therefore there are no immediate concerns for the Council’s financial position.
bp still has time remaining on the two leases which apply to the site, including the main site lease which has until 2036. Under the terms of these agreements, bp will remain responsible for all rental and lease commitments.
The Council will now work closely with bp, their representatives and external advisors to explore future opportunities for the site.
Cllr Lawrence Nichols, Chair of the Commercial Assets Sub-Committee said, "While this marks a significant change, it is important to emphasise that there is time to plan properly. We recognise that the potential loss of a major local employer like bp will raise concerns about jobs and the wider economic impact on our community. Our priority will be to support residents and local businesses through this period of change, working with partners to understand the implications and identify new opportunities."
Leader of the Council, Cllr Joanne Sexton added, "This news is unexpected, but I want to reassure our residents and local businesses that we will take a measured approach, working with bp and expert advisors to explore options that benefit our community, support local employment, and make the best use of this key site."
bp has committed to working closely with the Council to support the transition, its employees and the local community.