Professional Valuation Services for Section 42 Lease Extension and Land Sales by Gosport Borough Council
Gosport Borough Council · Awarded contract
AwardedProfessional Valuation Services for Section 42 Lease Extension and Land Sales by Gosport Borough Council
Awarded 01 Aug 2025
Awarded01 Aug 2025
Value£45,000.00
SupplierSRVO PROPERTY LIMITED
AgencyGosport Borough Council
RegionUnited Kingdom
CategoryConsultancy & Legal
Expires in 1y 9mo3y term, 42% elapsed
Awarded 1 Aug 2025Expires 31 July 2028
About
Gosport Borough Council awarded a contract to SRVO Property Limited for RICS-approved professional valuation services related to a Section 42 lease extension and land sales valuations.
The services include determining the reasonable premium for a 90-year lease extension at a peppercorn rent under the Leasehold Reform Housing and Urban Development Act 1993, and providing valuations for land sales.
The valuation must be completed and a report submitted within 10 working days from request, with a value range provided to allow negotiation.
The contract value is £45,000, procured under PA 2023 via RFQ.
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Professional Valuation Services for Section 42 Lease Extension and Land Sales by Gosport Borough Council
Won by SRVO PROPERTY LIMITED · Gosport Borough Council
£45Kawarded
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