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Complete Acquisition of 381 - 397 Edgware Road, NW9 6NJ

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16/05/2022 - Complete Acquisition of 381 - 397 Edgware Road, NW9 6NJ

That the Strategic Director Regeneration and Environment, in consultation with the Lead Member for Regeneration, Property and Planning:

 

i)             Approves entry into a contract for the purchase of the freehold interest in the 381-397 Edgware Road, Colindale, NW9 6NJ site for £10m.

 

ii)            Notes that under the contract referred to in (i) above, a £1m deposit will be paid upon contract exchange and the remaining £9m of the purchase price will be paid upon completion.


 

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