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To provide conveyancing and legal advice to the Staffordshire Pension fund on the purchase of a significant office property in Francis House, London for a purchase price of £55m. I the property is freehold and will be a TOGC.
Derwent London comprehensively reconfigured and refurbished the property in 2021/2022 having pre-let most of the building (comprising the majority of the Ground Floor, and the entire 1st - 4th Floors) to Daniel J Edelman Ltd (0.69 Ha). The entire building is currently 100% let and occupied as Offices.
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
| Supplier | Identifier | Award Value | Cross-References |
|---|---|---|---|
| Browne Jacobson Solicitors | OC306448 | £60,000 | - |
Government spending data: This supplier has received £18,628,609 in 461 payments (over £25k) from NHS England, Department of Health and Social Care, HMRC, Metropolitan Police, DEFRA and 18 more public bodies (2014-02-10 to 2026-03-31). View full payment history →