Queen Alexandra Hospital, ground leases of land at the Main Entrance and North Entrance

Award

Buyers

Portsmouth Hospitals University NHS Trust

Value

£13,200,000

Suppliers

Noviniti Dev Co 7 Limited

Classifications

Construction work
Construction work for commercial buildings

Tags

award
contract

Published

2 years ago

Description

Portsmouth Hospitals University NHS Trust ("PHUT") intends to enter an option agreement and two ground leases with Noviniti Dev Co 7 Limited ("Noviniti") in respect of a new retail use and lecture theatre and clinical space development ("the Development") at land at the Main Entrance and North Entrance at the Queen Alexandra Hospital, Portsmouth ("the Hospital"). It is anticipated that Noviniti will make arrangements to identify its initial commercial tenant of the retail space. The contractual arrangements are structured as a land transaction exempt from the Public Contracts Regulations 2015 ("PCR") and the Concession Contracts Regulations 2016 ("CCR").

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Contract Agreement

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Award Notice

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Organisation

Portsmouth Hospitals University NHS Trust

Body governed by public law

Mark Magrath

[email protected]

+44 7824625139

[email protected]

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