Legal Representation for Sunderland City Council on Industrial Units Lease at Hillthorn Business Park
Awarded 30 Sep 2021
About
Sunderland City Council awarded a contract to Ward Hadaway LLP for legal representation to negotiate the legal documentation required for an agreement for lease and underlease of 9 or 10 industrial units at Hillthorn Business Park.
The Council will be granted an underlease of the units, with an institutional investor taking a headlease out of the Council's freehold title, and the Council will grant sub-underleases to occupiers on a pre-let basis.
The legal services include resolving prospective occupiers' title and other enquiries and providing advice on the estate management set up.
The contract value is £29,470.
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