Tender

A Property Management Agent for Lot 1, 2 New Bailey Square and Lot 2, 100 Embankment

SALFORD CITY COUNCIL

This public procurement record has 1 release in its history.

TenderUpdate

23 Apr 2021 at 15:10

Summary of the contracting process

Salford City Council is seeking a Property Management Agent for two significant properties: 2 New Bailey Square and 100 Embankment in Salford. This procurement process is currently at the Award stage, with the contract awarded to Knight Frank LLP, marking the completion of a fair and transparent tender process. The properties encompass substantial office spaces, including 188,000 sq ft at 2 New Bailey Square and 166,000 sq ft at 100 Embankment. Noteworthy deadlines and practical completion dates surrounding the appointments have influenced this process, aligning with the ongoing development phases and projected completion timelines.

This tender presents an excellent opportunity for companies in the real estate services sector, particularly those specialising in property management. Businesses equipped to provide comprehensive management solutions, including maintenance, tenant relations, and operational oversight for large commercial properties, would be particularly well-suited to compete. Establishments with experience in managing high-quality office spaces and a strong presence in the Salford or Greater Manchester regions could leverage this opportunity to expand their client base and enhance their portfolio in a growing market.

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Notice Title

A Property Management Agent for Lot 1, 2 New Bailey Square and Lot 2, 100 Embankment

Notice Description

Background The appointment of a property managing agent will be for the provision of services for 2 New Bailey Square and 100 Embankment, Salford 3 and 100 Embankment. 2 New Bailey Square 2 New Bailey Square is comprised of 188,000sq ft of grade A office across ten upper storeys together with ground floor retail/leisure space. Tenants of the building also benefit from access to a communal roof terrace and a basement car park. Two occupiers, Eversheds Sutherland LLP and Berrymans Lace Mawer LLP have between them committed to occupy six and a half of the ten floors and marketing continues to identify occupiers for the remaining space. 100 Embankment 100 Embankment is the second and final phase of the Embankment development and is located alongside 101 Embankment which was completed in 2016. The property sits on a podium deck within which is a 455 space Q-Park and a Sainsburys convenience store. Adjacent to the development is the Greengate link forming the main route between Manchester city centre and the expanding Greengate residential area. Embankment is a nine storey 166,000sq ft grade A office building, phase 2 of the Embankment development. Practical completion is forecast for May 2020 (subject to change). The Council is forward funding the development and will own the completed building. The appointment will be for the management of 100 Embankment only, there will be no other properties or estate common parts forming part of the instruction.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02a9bb
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/008778-2021
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services


CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
23 Apr 20214 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Not Specified
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
SALFORD CITY COUNCIL
Additional Buyers

KNIGHT FRANK LLP

Contact Name
Elaine McClean, Miss Heather Stanton
Contact Email
elaine.mcclean@knightfrank.com, heather.stanton@salford.gov.uk
Contact Phone
+44 1616866241, +44 1618337696

Buyer Location

Locality
SWINTON
Postcode
M27 5AW
Post Town
Manchester
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD33 Manchester
Delivery Location
Not specified

Local Authority
Manchester
Electoral Ward
Deansgate
Westminster Constituency
Manchester Central

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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