Queen Alexandra Hospital, ground leases of land at the Main Entrance and North Entrance
Portsmouth Hospitals University NHS Trust ("PHUT") intends to enter an option agreement and two ground leases with Noviniti Dev Co 7 Limited ("Noviniti") in respect of a new retail use and lecture theatre and clinical space development ("the Development") at land at the Main Entrance and North Entrance at the Queen Alexandra Hospital, Portsmouth ("the Hospital"). It is anticipated that Noviniti will make arrangements to identify its initial commercial tenant of the retail space. The contractual arrangements are str...
Buyer
Portsmouth Hospitals University NHS Trust
Value
£13,200,000
Published
14 Sept 2022
Closes
14 Sept 2022
Procurement details
Source
Find a Tender
Region
Portsmouth
Procurement method
Limited
Category
Works
Contract starts
Not provided
Contract ends
Not provided
CPV classifications
45000000
Construction work
45213100
Construction work for commercial buildings
Lots
Lot 1 Queen Alexandra Hospital, ground leases of land at the Main Entrance and North Entrance
£13,200,000
PHUT intends to enter into an option agreement and two ground leases with Noviniti Dev Co 7 Ltd ("Noviniti") in respect of a new retail use and lecture theatre and clinical space development at Queen Alexandra Hospital, Portsmouth (the "Hospital"). PHUT has structured the contractual arrangements as a land transaction exempt from the Public Contracts Regulat...
Delivery: Portsmouth
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