Solicitors for the conveyancing for purchase of Exeter Logistics Park
key details
| Value | £62,500 |
|---|---|
| Status | complete |
| Category (CPV) | 79100000 |
| Region | West Midlands |
| Deadline | 12 Nov 2024 |
| Contract start | 19 Nov 2024 |
| Contract end | 4 Apr 2025 |
| SME suitable | No |
| OCID | ocds-b5fd17-e41f1be6-152d-4ce6-98a9-4461f13b9743 |
Award
| Supplier | Value | Date | Status |
|---|---|---|---|
| Browne Jacobson solicitors | £47,000 | 19 Nov 2024 | active |
description
To provide conveyancing and legal advice to the Staffordshire Pension fund on the purchase of a prime large industrial/warehouse property in Exeter, Devon for a purchase price of £25.1m. I understand the property is held on a long leasehold (999 years) and will be a TOGC.
The property comprises three let units as follows:
| • | secure open storage site extending to 5.99 acres (2.43 Ha). |
| • | distribution warehouse totalling 54,771 sq ft GIA with two storey office accommodation on a site measuring 6.93 acres (2.80 Ha). |
| • | distribution warehouse totalling 29,082 sq ft GIA with two storey office accommodation on a site measuring 1.71 acres (0.69 Ha). |
Services to include;
| • | Full title, construction and planning due diligence. |
| • | Negotiating the contract and transfer |
| • | Advising on the SDLT and VAT position |
| • | Preparing a full transaction report |
| • | Inputting into any pension fund approval processes |
| • | Liaising with your other professional advisers including the managing agent |
| • | Submitting any SDLT (subject to receipt of relevant funds) |
| • | Registering the acquisition at the Land Registry |
notice history
1 notice published against this procurement.
| Published | Type | Regime | Notice |
|---|---|---|---|
| 19 Mar 2025 | Award update (awardUpdate) | · | afbcebae-ca78-4853-89b0-b9da80017fba-834553 |
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source
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