Solicitors for the conveyancing for purchase of Francis House

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