3 Thames Road Newham - residential Agreement for Lease
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.
Buyer
London Borough of Newham
Value
£104,950,000
Published
23 Dec 2021
Closes
23 Dec 2021
Procurement details
Source
Find a Tender
Region
Hackney and Newham
Procurement method
Limited
Category
Works
Contract starts
Not provided
Contract ends
Not provided
CPV classifications
45211360
Urban development construction work
45211300
Houses construction work
45211340
Multi-dwelling buildings construction work
45211341
Flats construction work
45211350
Multi-functional buildings construction work
45215214
Residential homes construction work
Lots
Lot 1 3 Thames Road Newham - residential Agreement for Lease
£104,950,000
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...
Delivery: Hackney and Newham
Documents
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