Sale of Freehold Land at Little Blagdon Farm, South of Totnes Road, Collaton St Mary

Torbay CouncilcontractContracts FinderRef TORB001-DN504607-51103016SME suitablecomplete
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Estimated value

£8.0m

Awarded value

£9.2m

Awarded 05 Feb 2021

Suppliers

1

Lots

1

1 awarded

Published

23 Mar 2021

Deadline 29 Jan 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

Awarded to