3 Thames Road Newham - residential Agreement for Lease
Details
- Value
- GBP 104,950,000
- Topic
- Houses construction work
- Published
- 23 December 2021
- Source
- uk:find_a_tender
Tender description
The Contracting Authority proposes to enter into an Agreement for Lease with a developer and a proposed landowner under which, if the developer develops 161 residential units (comprising a mixture of private rent, discount market rent and London affordable rent units) at 3 Thames Road, Newham by an agreed longstop date, the Contracting Authority will take a 50-year lease of the property, with an agreement to purchase the reversion at the end of the lease term. Lot 1: The Contracting Authority proposes to enter into an Agreement for Lease with a developer and a proposed landowner under which, if the developer develops 161 residential units (comprising a mixture of private rent, discount market rent and London affordable rent units) at 3 Thames Road, Newham by an agreed longstop date, the Contracting Authority will take a 50-year lease of the property, with an agreement to purchase the reversion at the end of the lease term. Additional information: The total value of the procurement referred in 11.1.7 above does not take account of inflationary rent increases during the 50 year lease term.
Timeline
- Completed: Award date2 November 2021
- Completed: Award published23 December 2021Current notice
About the buyer
London Borough of Newham is a public sector buyer in United Kingdom publishing tenders and awards on Stotles. Explore their procurement activity and find more opportunities like this one.
Relevant CPV codes
- 45211300 · Houses construction work
- 45211340 · Multi-dwelling buildings construction work
- 45211341 · Flats construction work
- 45211350 · Multi-functional buildings construction work
- 45211360 · Urban development construction work
- 45215214 · Residential homes construction work
Decision makers
Connect with the people behind this procurement.
| Contact name | Job title | Phone number | Work email |
|---|---|---|---|
| Head of Procurement | +44 •••• •••••• | ••••••••@london-borough-of-newham.gov | |
| Commercial Director | +44 •••• •••••• | ••••••••@london-borough-of-newham.gov | |
| Procurement Manager | +44 •••• •••••• | ••••••••@london-borough-of-newham.gov | |
| Category Lead | +44 •••• •••••• | ••••••••@london-borough-of-newham.gov | |
| Senior Buyer | +44 •••• •••••• | ••••••••@london-borough-of-newham.gov | |
| Contracts Manager | +44 •••• •••••• | ••••••••@london-borough-of-newham.gov |
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