Published date: 15 January 2025

Last edited date: 19 March 2025

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 12 November 2024, 12pm

Contract summary

Industry

  • Legal services - 79100000

Location of contract

West Midlands

Value of contract

£47,000 to £62,500

Procurement reference

IA3202

Published date

15 January 2025

Closing date

12 November 2024

Closing time

12pm

Contract start date

19 November 2024

Contract end date

4 April 2025

Contract type

Service contract

Procedure type

Other: Awarded in accordance with procurement regulations

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No

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

Award information

Awarded date

19 November 2024

Contract start date

19 November 2024

Contract end date

4 April 2025

Total value of contract

£47,000

This contract was awarded to 1 supplier.

Browne Jacobson solicitors

Address

15th Floor
6 Bevis Marks
London, EC3A 7BA

Reference

Companies House number: OC306448

Value of contract

£47,000

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Address

2 Staffordshire Place
Tipping Street
STAFFORD
ST162DH
England

Email

commercial.team@staffordshire.gov.uk