Unit 6, Viables Business Park, Jays Close, Basingstoke
- Published
- 23 October 2023
- Estimated value
- £0
- Place of performance
- UKJ37
- Procedure
- Direct award
- Lots
- 1
- Notice number
- 031218-2023
- Reference
- ocds-h6vhtk-040e3e
- Official source
- Official source
Description
Concerns the proposed lease restructure involving the surrender of the existing ground lease by Tenant 1 at 6 Jays Close, Viables Business Park, Basingstoke and the granting of two new Leases to Tenant 1 and a new tenant, Tenant 2. The contracting authority will retain the freehold relating to both leases. Any development or works to be carried out is subject to an agreement between Tenant 1 and Tenant 2 only. The contracting authority is also not procuring a works contract under the Public Contracts Regulations 2015, arrangement exempt under PCR 10(1)(a). The total value of the transaction between Tenant 1 and Tenant 2 is unknown. At the time of publication of this notice the rent to be received by the contracting authority following the land transaction excluding VAT is £666,735 per annum.
Awards
| Awarded to | Amount | Date |
|---|---|---|
| St Modwen Strategic Land Limited | — | — |
Official publications
- FTS · 031218-2023 · 23 October 2023
Other tenders from Basingstoke & Deane Borough Council
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