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The London Borough of Redbridge (the Authority) is the freeholder of the site known as Seven Kings Community & Development site at Seven Kings Bridge Car Park Including Public Conveniences And 672, High Road, Seven Kings, Ilford.
The site measures 0.71 hectares and is owned by the Authority. The Authority now wishes to appoint a developer to finance, design and build a community hub facility of at least 1,800m2 to the Authority's requirements (the Hub) on a parcel of the Site. Upon practical completion of the Hub, the Authority will enter into a 999-year lease with the developer to occupy the Hub for peppercorn rent.
To assist with the viability of delivering the Hub the Authority will be inviting bidders (as part of the procurement process) to bid-back on a land value to acquire the Site which will then be transferred by the Authority to the successful bidder under the terms of the scheme.
No supplier information available.
This procurement was divided into 1 lots, each awarded separately.
| Lot | Value | Status |
|---|---|---|
| Lot 1 900 days (≈2.5 yrs) | £8,000,000 | active |
Published by the buyer on this notice. Details change and are not updated here.