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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
| Supplier | Identifier | Award Value | Cross-References |
|---|---|---|---|
| Browne Jacobson solicitors | OC306448 | £47,000 | MP LINK Emily Thornberry— Donations and other support (including loans) for activities as an MP |
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 →