Solicitors for the conveyancing for purchase of Francis House

Description

To provide conveyancing and legal advice to the Staffordshire Pension fund on the purchase of a significant office property in Francis House, London for a purchase price of £55m. I the property is freehold and will be a TOGC. Derwent London comprehensively reconfigured and refurbished the property in 2021/2022 having pre-let most of the building (comprising the majority of the Ground Floor, and the entire 1st - 4th Floors) to Daniel J Edelman Ltd (0.69 Ha). The entire building is currently 100% let and occupied as Offices. Services to include; • Full title, construction and planning due diligence. • Negotiating the contract and transfer • Advising on the SDLT and VAT position • Preparing a full transaction report • Inputting into any pension fund approval processes • Liaising with your other professional advisers including the managing agent • Submitting any SDLT (subject to receipt of relevant funds) • Registering the acquisition at the Land Registry

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