Tender

The Chantry Centre, Andover and Investment Assets: Marketing and Leasehold Management

TEST VALLEY BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Tender

06 Jun 2025 at 15:21

UK4 - Tender Notice
Summary of the contracting process

The Test Valley Borough Council, situated in Andover, is currently seeking a provider for management services related to the Chantry Centre and other investment assets including locations in Bitterne, Shirley, and Newbury. This tender encompasses services such as marketing, leasehold negotiations, and management. Classified under real estate services, this procurement process is in the 'Tender' stage and follows an open competition method. Interested parties should note important deadlines, with the enquiry period concluding on 4th July 2025 and the submission deadline on 11th July 2025. The contract period is set to commence on 4th August 2025 and is scheduled for a five-year duration, with an option for a one-year extension.

This tender offers substantial opportunities for businesses specialising in real estate and asset management services. Firms adept in the management and marketing of retail and office properties could find promising business growth avenues through securing this contract. Companies with experience in lease renewals, rent reviews, and subleasing will be particularly well-suited to compete. With a focus on quality over cost (60% quality criteria), businesses that can demonstrate robust management practices and effective marketing strategies stand a lucrative chance in this competition.

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How relevant is this notice?

Notice Information

Notice Title

The Chantry Centre, Andover and Investment Assets: Marketing and Leasehold Management

Notice Description

Test Valley Borough Council owns the freehold of the Chantry Centre, Andover. The property is a retail shopping centre located at the heart of the town that also includes an office element. The Council requires a provider to deliver the following services: the marketing and negotiation of new lettings, marketing advice, management and negotiation of rent reviews, lease renewals, assignments and subleases. In addition, the Council requires the same services for its investment properties at Bitterne, Shirley and Newbury.

Lot Information

Lot LOT-0000

Renewal: Contract Duration of 5 years with the option to extend by 1 year to a total of 6 years

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0544c4
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/030712-2025
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
UK4 - Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Below threshold - open competition
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
£120,000 £100K-£500K
Lots Value
£120,000 £100K-£500K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
6 Jun 202511 months ago
Submission Deadline
11 Jul 2025Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
4 Aug 2025 - 3 Aug 2030 Over 5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
TEST VALLEY BOROUGH COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
ANDOVER
Postcode
SP10 3AJ
Post Town
Salisbury
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ36 Central Hampshire
Delivery Location
TLJ3 Hampshire and Isle of Wight
Local Authority
Test Valley
Electoral Ward
Andover Millway
Westminster Constituency
North West Hampshire

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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