Olympic Park, Stratford, East London
University College London
Quantity Surveyor, Building Surveyor, Due Diligence
Mixture of industrial and commercial units for commercial, educational, research and development
Here East comprises the redevelopment of the former Broadcast Centre located on the Olympic Park in Stratford, East London. This redevelopment created a mixture of industrial and commercial units for commercial, educational, research and development uses by private and educational organisations.
Potter Raper were commissioned by UCL to undertake a due diligence review of documentation and warranty arrangement in connection with the leasehold acquisition of a 30,000 sq ft industrial unit on a shell-and-core basis for use as a research and development, materials technology and testing facility.
Our remit included liaison with the Developer’s Agents, undertaking due diligence reviews of warranty documentation, construction drawings and associated details for both the original construction and the current re-development.
In addition, we commented upon the potential repair and maintenance implications and liabilities to UCL as the incoming tenant under a 30-year lease.