Sale of Freehold Land at Little Blagdon Farm, South of Totnes Road, Collaton St Mary
Estimated value
£8.0m
Awarded value
£9.2m
Suppliers
1
Lots
1
Published
23 Mar 2021
Description
The opportunity relates to the freehold disposal of c. 18.42 hectares of residential development land at Collaton St Mary, Paignton. Torbay Council previously sought to dispose of the land with detailed conditions attached prescribing delivery outcomes, milestones etc. However, this was not attractive to the market. Torbay Council has therefore agreed to remove all conditions to sale (apart from a requirement to deliver planning policy affordable housing provision) to make the opportunity more attractive to the market.
Scope
- Reference
- TORB001-DN504607-51103016
- Total value
- £8,000,000 excluding VAT
- Commercial tool
- Standalone contract
- Contract dates
- 26 Feb 2021 to 25 Feb 2022
- CPV classifications
- 45000000
- Particular suitability
- Small and medium-sized enterprises (SME)
Submission & procedure
- Submission deadline
- 29 Jan 2021, 12:00 pm
Award details
Awarded supplier(s), contract period and value as published in the award notice.
Awarded value
£9.2m
Award date
05 Feb 2021
Contract start
26 Feb 2021
Contract end
25 Feb 2022