ADD111 Fee for disposal of White Hart Triangle in Plumstead
As part of the on-going disposal of GLA Land and Property Ltd’s (GLAP) land holdings at White Hart Triangle, GLAP requires specialist ground contamination advice in support of the sale of plot F to Crossrail. GLAP also requires external legal support during the sale process, and for future disposals and lease negotiations.
This paper seeks approval for a budget of £40,000 for professional fees associated with the disposal of current and future plots at WHT, to cover:
- the appointment of a specialist consultant to undertake a thorough remediation and site clearance analysis, including scrutiny of scenarios presented by Transport for London and Crossrail to inform the ultimate disposal consideration;
- Legal fees associated with sale of land, lease negotiation and Joint Venture contract alterations.