From: George Goddard Ltd
Date: 22 June 2022 at 08:56:43 BST
To: Amanda Davies
Cc: Priors , David Goddard
Subject: West Lynn Site



Dear Amanda

 

I have previously verbally agreed to sell Prior’s of West Lynn one acre of our West Lynn site subject to their gaining planning permission to build a new shop and facilities on this one acre.  I am pleased to say that they have now achieved planning permission but will not necessarily proceed if construction costs are too high.   I originally agreed a figure of 200k, this may be subject to Vat and I would have to check this with my accountant.  Obviously I do not wish to incur legal and surveyors fees until Prior’s confirm they intend to proceed.

 

They require a document in writing committing both parties, would you therefore suggest the following route:

1. I prepare a Heads of Terms for you to check following which they and I sign to commit us both to the deal on which there should be a time limit.
2. Following the signing of the document would you suggest both parties arrange for their surveyor/architect to meet on site to mark out, agree and measure the exact area.  At this stage I start incurring costs, I believe if Prior’s then decide not to proceed they should be prepared to meet our reasonable costs expended on the matter.

 

I would welcome your thoughts on the above.

 

Best wishes.

 

David

 

George Goddard Ltd

                      Est. 1895

 

Gap Farm

Grimston Road

South Wootton

King’s Lynn

Norfolk

PE30 3NR

 

01553 672345

dg@goddards-tailoring.co.uk

www.goddards-tailoring.co.uk