Northampton General Hospital N H S Trust · Awarded contract

Awarded

Grant of Option and Ground Lease for Main Entrance and Retail Facility at Northampton General Hospital

Awarded 15 Mar 2020

View live tenders

Awarded15 Mar 2020

Value£45,000.00

SupplierNOVINITI LIMITED

AgencyNorthampton General Hospital N H S Trust

RegionEast Midlands

CategoryConstruction

Ended 6y 8mo ago

Awarded 15 Mar 2020Expired 15 Mar 2020

About

Northampton General Hospital NHS Trust awarded a contract to Noviniti Limited for an option agreement granting Noviniti the right to call for a 39-year ground lease of part of the Trust's freehold land.

The option is for an initial period of 39 weeks, and the ground lease, if exercised, would be subject to break clauses in favour of the Trust after 2 years and again at an agreed period after practical completion of any development.

The lease anticipates that Noviniti may choose, without obligation, to undertake a permitted alteration for a building extension of circa 2,200 sq.

metres for retail and ancillary uses.

The Trust has obligations to use reasonable endeavours to assist with planning permission and third-party consents.

The contract value is £45,000.

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2 new construction tenders

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