Award

Solicitors for the Conveyancing for Purchase of Colonnades, Bywater

STAFFORDSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

04 Sep 2023 at 07:36

Award Notice
Summary of the contracting process

Staffordshire County Council has awarded a contract for solicitors to provide conveyancing services for the purchase of Colonnades in Bywater valued at approximately £37m. The procurement method was selective, calling off from a framework agreement. The contract period started on July 11, 2023, and ends on September 30, 2023. The award, worth £38,000 GBP, was given to Browne Jacobson Solicitors on September 10, 2023.

This tender presents an opportunity for legal services firms experienced in conveyancing and property transactions to engage with Staffordshire County Council. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are encouraged to participate. Businesses in the legal services industry, particularly those with expertise in real estate and commercial property, would be well-suited to compete for this contract.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

Solicitors for the Conveyancing for Purchase of Colonnades, Bywater

Notice Description

To provide conveyancing and legal advice to the Staffordshire Pension fund on the purchase of a property valued at approx. PS37m. Acquisition of x2 freehold titles of a commercial multi-let site (with key food store, retail/restaurant units, a gym, and a former pub to the rear). All the residential blocks have recently been sold off via an overriding 999 year lease at a peppercorn rent. Therefore, the interest being acquired is the freehold of the entire 3.4 acre block, subject to that new lease, with the freeholder retaining the commercial element. The site was developed in two phases in accordance with an overall single scheme and whilst there is an obvious vertical separation to the uses, there are also horizontal separations. The two main areas for the latter are a large basement car park (included within the supermarket occupational lease), and also residential accommodation above the supermarket which are included within the residential headlease. VAT Position - TOGC, Capital Allowances - s198 election (PS1). To include Site inspection - Due to the shared parts within the property, it is strongly recommended that whoever is to deal with this transaction attends the site in London at an early stage in the process and visits the property (to aid understanding of the residential headlease). Services to include; * Full title, construction and planning due diligence. Note we have assumed the defects liability period (normally 12 months) has ended such that construction due diligence will focus on the warranty coverage for the next 6-12 years * 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 Due diligence on the property acquisition including; a. Blocker Structure - b. Insurance - c. Service Charge - d. Cladding - the residential leases on a "pepper pot" basis, effectively assessing a percentage of them to check the main provisions in each. However clearly this is something we would agree with you after reviewing the number of residential leases involved. This is in addition to the normal due diligence process which will include: e. Ensuring title is institutionally acceptable f. Carrying out full construction and planning due diligence and ensuring a set of institutional warranties is available g. Reviewing all of the commercial leases ( presumably the real financial driver for the acquisition) to ensure they are institutionally acceptable and that the rents and rent reviews, terms, etc align with what is expected h. Assessing the tax position

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-49444b5b-b0c5-47e2-ac0d-20769b4426ed
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a5a70506-c123-4987-89c5-581c71b9da92
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79100000 - Legal services

Notice Value(s)

Tender Value
£38,000 Under £100K
Lots Value
Not specified
Awards Value
£38,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
4 Sep 20232 years ago
Submission Deadline
10 Jul 2023Expired
Future Notice Date
Not specified
Award Date
4 Sep 20232 years ago
Contract Period
10 Jul 2023 - 30 Sep 2023 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
STAFFORDSHIRE COUNTY COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
STAFFORD
Postcode
ST16 2DH
Post Town
Stoke-on-Trent
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG2 Shropshire and Staffordshire
Small Region (ITL 3)
TLG24 Staffordshire CC
Delivery Location
TLG West Midlands (England)
Local Authority
Stafford
Electoral Ward
Forebridge
Westminster Constituency
Stafford

Supplier Information

Number of Suppliers
1
Supplier Name

BROWNE JACOBSON SOLICITORS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-49444b5b-b0c5-47e2-ac0d-20769b4426ed-2023-09-04T08:36:42+01:00",
    "date": "2023-09-04T08:36:42+01:00",
    "ocid": "ocds-b5fd17-49444b5b-b0c5-47e2-ac0d-20769b4426ed",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "IA3027",
        "title": "Solicitors for the Conveyancing for Purchase of Colonnades, Bywater",
        "description": "To provide conveyancing and legal advice to the Staffordshire Pension fund on the purchase of a property valued at approx. PS37m. Acquisition of x2 freehold titles of a commercial multi-let site (with key food store, retail/restaurant units, a gym, and a former pub to the rear). All the residential blocks have recently been sold off via an overriding 999 year lease at a peppercorn rent. Therefore, the interest being acquired is the freehold of the entire 3.4 acre block, subject to that new lease, with the freeholder retaining the commercial element. The site was developed in two phases in accordance with an overall single scheme and whilst there is an obvious vertical separation to the uses, there are also horizontal separations. The two main areas for the latter are a large basement car park (included within the supermarket occupational lease), and also residential accommodation above the supermarket which are included within the residential headlease. VAT Position - TOGC, Capital Allowances - s198 election (PS1). To include Site inspection - Due to the shared parts within the property, it is strongly recommended that whoever is to deal with this transaction attends the site in London at an early stage in the process and visits the property (to aid understanding of the residential headlease). Services to include; * Full title, construction and planning due diligence. Note we have assumed the defects liability period (normally 12 months) has ended such that construction due diligence will focus on the warranty coverage for the next 6-12 years * 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 Due diligence on the property acquisition including; a. Blocker Structure - b. Insurance - c. Service Charge - d. Cladding - the residential leases on a \"pepper pot\" basis, effectively assessing a percentage of them to check the main provisions in each. However clearly this is something we would agree with you after reviewing the number of residential leases involved. This is in addition to the normal due diligence process which will include: e. Ensuring title is institutionally acceptable f. Carrying out full construction and planning due diligence and ensuring a set of institutional warranties is available g. Reviewing all of the commercial leases ( presumably the real financial driver for the acquisition) to ensure they are institutionally acceptable and that the rents and rent reviews, terms, etc align with what is expected h. Assessing the tax position",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "79100000",
            "description": "Legal services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "West Midlands",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 38000,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a framework agreement",
        "tenderPeriod": {
            "endDate": "2023-07-10T12:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2023-07-11T00:00:00+01:00",
            "endDate": "2023-09-30T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": true
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/2JAv6sFy",
            "name": "Staffordshire County Council",
            "identifier": {
                "legalName": "Staffordshire County Council",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/2JAv6sFy"
            },
            "address": {
                "streetAddress": "Tipping Street",
                "locality": "Stafford",
                "postalCode": "ST16 2DH",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "name": "Laura Kendall",
                "email": "laura.kendall@staffordshire.gov.uk",
                "telephone": "01785854656"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-257185",
            "name": "Browne Jacobson Solicitors",
            "identifier": {
                "legalName": "Browne Jacobson Solicitors"
            },
            "address": {
                "streetAddress": "6Th Floor EC3V 0AS GB"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/2JAv6sFy",
        "name": "Staffordshire County Council"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-49444b5b-b0c5-47e2-ac0d-20769b4426ed-1",
            "status": "active",
            "date": "2023-09-10T00:00:00+01:00",
            "datePublished": "2023-09-04T08:36:42+01:00",
            "value": {
                "amount": 38000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-257185",
                    "name": "Browne Jacobson Solicitors"
                }
            ],
            "contractPeriod": {
                "startDate": "2023-07-11T00:00:00+01:00",
                "endDate": "2023-09-30T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/a5a70506-c123-4987-89c5-581c71b9da92",
                    "datePublished": "2023-09-04T08:36:42+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}