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Awarded

Project Texas

Published

Supplier(s)

Stoford Loughborough Limited

Value

4,000,000 GBP

Description

The University proposes entering into an agreement for lease with Stoford Loughborough Limited ("Stoford") that will, subject to the satisfaction of certain conditions precedent, result in the grant of a long lease by the University of a site owned by the University ("the site") to a lessee nominated by Stoford ("the lessee"). Stoford proposes to commission the construction by a building contractor for the lessee of a new advanced manufacturing facility on the site, along with site specific infrastructure, which the lessee will sub-lease to an occupier ("the sub-lessee"). The building contractor will also provide certain infrastructure works on land owned by the University adjacent to the site, comprising a new roundabout, spine road and drainage, which will be owned by the University.

Timeline

Publish date

a month ago

Award date

in 8 months

Buyer information

Loughborough University

Email:
M.T.Chester@lboro.ac.uk

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Notice topic

Real estate services

Related topics

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Source

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