ALL OFFERS TO BE RECEIVED BY A DEADLINE OF 12 NOON FRIDAY 4th NOVEMBER 2016
Offers should be sent by email and Post to both,
Jones Lang LaSalle
Sajaad Ahmad William Chambers
Hard Copies to
FAO: Sajaad Ahmad, JLL, 30 Warwick Street, London, W1B 5NH
Please ensure you have viewed all pertinent information which can be found on the website www.hmcts-courtdisposals.co.uk
Property / Former Bow County CourtAddress: 96 Romford Road, Stratford, London, E15 4EG
Purchaser details / Name: ………………………………………………………………………………………….
Address: …………………………………………………………………………………….....
…………………………………………………………………………………………………..
Telephone: ……………………………….. Email: ………………………………………….
Contact Name: ………………………………………………………………………………..
Partner details
(if applicable)
i.e. financial, funding etc / Name: ………………………………………………………………………………………….
Purchase price / Offer Amount:
£ ………………………………………………………………………………………………..
Conditions (if any)
Or
Proposed Deal structure: / Please outline the conditions
OR
Provide details as to the proposed deal structure
Site Proposals / Buyer to provide further detail and outline of scheme with supporting information including: Indicative Scheme Drawings, Schedules of accommodation and Assumptions.
Deposit (%) / Buyer to pay a 10% deposit of the purchase price upon exchange of contracts
Overage Sales and Planning / 1. Sales Overage: ……..% of any sale value in excess of £……….sq.ft
2. Planning Overage: £……sq.ft of any GIA in excess of ..…sq.ft
If different please state below:
Clawback / The sale is subject to an anti-embarrassment clause as per government guidance whereby if the purchaser sells the site undeveloped within a 10 year period from completion the vendor is eligible to 50% of the net uplift.
Please confirm you accept this………………………………………………………….
Or provide alternative…………………………………………………………………….
Primary solicitors details / Company name: ………………………………………………………………………………
Address: ……………………………………………………………………………………….
…………………………………………………………………………………………………..
Telephone: ………………………………. Email: …………………………………………..
DX: …………………………………………
Contact: …………………………………… DL: …………………………………………….
Source of funding / The buyer is to provide suitable evidence of funding.
If the offer requires 3rd party funding then a supporting letter will be required confirming the funds are available to support the acquisition.
Vacant Possession / Full Vacant Possession will be granted on legal completion.
Due diligence / All bidders confirm that they have inspected and reviewed the property, and satisfied themselves as to the condition, the title summary, the contents of the data room and all other due diligence matters.
Please confirm the level of due diligence undertaken to date:
Bidders Professional Team / On conditional bids please provide details of your professional team and detail their relevant experience
Programme / Please outline your envisaged timetable for acquisition and / or programme to satisfy conditions
Conditions for sale / 1) All hard copy offers are to be received before 12 NOON on 4th November 2016 and marked for the attention of both: Sajaad Ahmad /William Chambers, JLL, 30 Warwick Street, London, W1B 5NH
2) Emailed offers are accepted to /
3) The seller is not bound to accept the highest or indeed any offer. Unless stated, offers are Subject to Contract only.
4) Purchasers are expected to have read and understood the information provided including all documents contained within the downloads page of the property brochure.
5) Offers are made on the basis that contracts will be exchanged within a 28 days of receipt of legal documentation
6) All offer to be made by the principals of a company only. Offers from agents will not be considered unless accompanied by a letter from the principal outlining and confirming the basis of the offer.
7) Please note fax, telephone or late bids will not be accepted.
8) All information provided is for indicative purposes only and bidders should satisfy themselves undertaking their own due-diligence and seek professional advice.
Sign off
Company: …………………………………………………………………………..
Purchasing Entity (if different)………………………………………………………..
Name: ………………………………………………………………………………….
Your position ………………………………………………………………………………
Signature: ……………………………………………………………………………..
Date: ………………………………………