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Development Agreement in relation to Great North Leisure Park and Finchley Leisure Centre

London Borough of Barnet

Buyer Contact Info

Buyer Name: London Borough of Barnet

Buyer Address: 2 Bristol Avenue, London, NW9 4EW, UK

Contact Email: cassie.bridger@barnet.gov.uk

Contact Telephone: +442083592397

Status
complete
Procedure
Not specified
Value
45000000.0 GBP
Published
15 Jan 2025, 17:20
Deadline
20 Dec 2024, 00:00
Contract Start
02 Jul 2026, 23:00
Contract End
29 Jan 2029, 23:59
Category
services
CPV
70112000 - Development of non-residential real estate
Region
n/a
Awarded To
Regal GNLP Limited
Official Source
Open Contracts Finder

Description

II.1.4) Short Description: The project is for the development of the site to the north of the Great North Leisure Park, Finchley, London. The London Borough of Barnet (LBB) intend to enter into a development agreement with Regal GNLP Limited. LBB is the freeholder of a large area of land including the Great North Leisure Park ("GNLP") and the Developer owns a long headlease of GNLP and a headlease of land to the north of GNLP (known as Glebelands). Part of the land comprised within the Headlease, is subject to an underlease back to LBB of the current Finchley Leisure Centre. The developer intends to develop a residential led mixed-use scheme on the GNLP site, including the plot occupied by the current Finchley Leisure Centre. LBB has identified that the site to the north of GNLP can accommodate a replacement leisure centre to the current Finchley Leisure Centre and is attracted by this opportunity to refresh facilities and make a step-change in local leisure provision.

Linked Documents

No linked documents found for this notice.

Opportunity Context

Raw Notice JSON

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