Notice Information
Notice Title
Property Agent for the Disposal of Lambeth Hospital
Notice Description
The South London and Maudsley NHS Foundation Trust has invested in the development of two new clinical buildings, namely Douglas Bennet House & the Pears Maudsley Centre for Young Persons Mental Health. These facilities have allowed for a reorganisation of services, resulting in the Lambeth Hospital site becoming surplus to requirements. The brief was to market and sell the property on behalf of the Trust.
Lot Information
Lot 1
The South London and Maudsley NHS Foundation Trust has invested in the development of two new clinical buildings, namely Douglas Bennet House & the Pears Maudsley Centre for Young Persons Mental Health. These facilities have allowed for a reorganisation of services, resulting in the Lambeth Hospital site becoming surplus to requirements. The brief was to market and sell the property on behalf of the Trust. The requirement was divided into two stages:
Stage 1:
Manage the scoping, procurement, and project management of site due diligence for the Lambeth Hospital sale. Services included:
- Recommending the appointment of consultants (demonstrating best value to the Trust), coordinating and overseeing all site due diligence and marketing strategy activities.
- Provide market advice and intelligence to prepare the Property for sale in line with agreed sale objectives, reviewing the information available and collating technical due diligence required to protect enhance value.
- To appraise the project to identify value parameters to assist in setting a clear pricing message.
- To development and coordination of the marketing strategy, attending any workshops, meetings and briefings as required by the Trust.
Stage 2:
Sell the site with the benefit of current (or amended) planning consents. Services included:
- To offer the Property for sale as a Freehold development opportunity.
To undertake a far and wide marketing campaign to satisfy Trust governance.
- To manage the preparation of all necessary marketing materials, utilising third party marketing and design agencies as required (and as agreed with the Client).
- Prepare relevant marketing materials.
To present the opportunity to the market with presentations to potential purchaser, undertake site inspections and provide relevant information.
- Act as main point of contact in the market, facilitating discussions, leading the negotiations.
- To provide regular updates to the Client throughout the process and maintain the marketing data room.
- To monitor market performance and advise the Client accordingly.
- To drive value through competitive bidding.
- To invite second round bids, interview and select the preferred purchaser.
- Coordinate and evaluate returns in accordance with pre agreed evaluation criteria.
- Engagement with KPMG to undertake all work required to complete the business case- roles to be agreed
- To negotiate Heads of Terms of sale and liaise with Lawyers through to completion taking instructions from the Client on commercial and legal issues.
The contract value consists of a once off contract fee for marketing and due diligence, thereafter fixed percentage basis against the Gross Land Value up to a maximum amount thereafter an incentivised element in addition to the base fee will apply.
Procurement Information
A direct award was selected because Lambeth is a site well known within the market, however, the Trust was unable to disclose all the information that the current on site supplier has had access to.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-04cc76
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/041334-2024
- Current Stage
- Award
- All Stages
- Award
Procurement Classification
- Notice Type
- Award Notice
- Procurement Type
- Framework
- Procurement Category
- Services
- Procurement Method
- Limited
- Procurement Method Details
- Award procedure without prior publication of a call for competition
- Tender Suitability
- Not specified
- Awardee Scale
- Large
Common Procurement Vocabulary (CPV)
- CPV Divisions
79 - Business services: law, marketing, consulting, recruitment, printing and security
-
- CPV Codes
79993100 - Facilities management services
Notice Value(s)
- Tender Value
- Not specified
- Lots Value
- Not specified
- Awards Value
- Not specified
- Contracts Value
- £224,849 £100K-£500K
Notice Dates
- Publication Date
- 23 Dec 20241 years ago
- Submission Deadline
- Not specified
- Future Notice Date
- Not specified
- Award Date
- 29 Nov 20241 years ago
- Contract Period
- Not specified - Not specified
- Recurrence
- Not specified
Notice Status
- Tender Status
- Complete
- Lots Status
- Cancelled
- Awards Status
- Active
- Contracts Status
- Active
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- SOUTH LONDON AND MAUDSLEY NHS FOUNDATION TRUST
- Contact Name
- Martin Gibson
- Contact Email
- martin.gibson@gstt.nhs.uk
- Contact Phone
- Not specified
Buyer Location
- Locality
- BECKENHAM
- Postcode
- BR3 3BX
- Post Town
- Bromley
- Country
- England
-
- Major Region (ITL 1)
- TLI London
- Basic Region (ITL 2)
- TLI6 Outer London - South
- Small Region (ITL 3)
- TLI61 Bromley
- Delivery Location
- TLI London
-
- Local Authority
- Bromley
- Electoral Ward
- Kelsey & Eden Park
- Westminster Constituency
- Beckenham and Penge
Further Information
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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