Planning

2223-0331 Garrett Street Affordable Workspace Project

LONDON BOROUGH OF ISLINGTON

This public procurement record has 1 release in its history.

Planning

18 Feb 2026 at 16:31

Summary of the contracting process

The London Borough of Islington is currently in the planning stage for the Garrett Street Affordable Workspace Project. This initiative seeks to appoint an operator for a flexible creative workspace or makerspace located at Garrett Street, London EC1Y 0TY. The contract offers a 7-year lease on peppercorn rent value with the requirement of delivering targeted social value worth the estimated £3.15m market rental value over the term. The project focuses on real estate services within the United Kingdom and aims to support the diversity of businesses through the Affordable Workspace programme. Key milestones of market engagement took place between June 2023 and January 2026, with further opportunities for site visits anticipated post tender notice publication. Interested parties can anticipate future notices on the procurement by 23 February 2026.

The Garrett Street Affordable Workspace, upon its completion, offers significant opportunities for businesses seeking growth in the creative and makerspace sectors. With a focus on providing affordable workspace, the contract is suitable for small and medium enterprises as well as voluntary, community, and social enterprises. As the operator, businesses will benefit from a substantial market rental value on a ground and first-floor space of 1,205 sqm while being responsible for business rates, discounted service charges, and insurance. The tender represents an attractive chance for companies that can foster social value and wish to leverage a strategic location in London to expand their reach and capabilities in this vibrant industry.

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Notice Title

2223-0331 Garrett Street Affordable Workspace Project

Notice Description

This contract seeks an operator to manage the upcoming affordable workspace on Garrett Street, EC1Y 0TY on a 7-year lease. Intended as a flexible creative workspace / makerspace covering 1,205 sqm over ground and 1st floor levels, it will increase the diversity of businesses supported through the AWS programme. The contract will be offered on a peppercorn rent in exchange for targeted social value that reflects the estimated PS3.15m market rental value over the contract term. As with other Islington AWS sites there will be no monetary income directly delivered to the council. The operator will be responsible for business rates, discounted service charges and insurance.

Planning Information

This Notice is for informational purposes only and is not a formal invitation to tender. Its aim is to enhance transparency and competition for the upcoming tender notice. All details provided here may be updated or changed in the final tender notice. The Authority reserves the right to cancel, postpone, suspend or abort the procurement at any stage. The issue of this notice in no way commits the Authority to commence a procurement process. Preliminary Market Engagement (PME) - Garrett Street Affordable Workspace The Affordable Workspace team undertook prior market engagement between June 2023 and Jan 2026 to inform the development of the Garrett Street Affordable Workspace opportunity. Activities included a combination of site visits, market research, questionnaires, FAQ publications and targeted outreach. A summary of all PME activity is provided below. 1. Market Research (March 2025) A detailed Garrett Street Market Research Paper was produced in March 2025 to assess demand for makerspace and creative studio provision, analyse local market conditions, and identify potential user groups. The findings were used to shape the vision and specification for the site. 2. Site Visits (June 2023 - Jan 2026) Formal site visits were organised between June 2023 and Jan 2026 All organisations on the Council's Affordable Workspace mailing list were invited. Visits included guided tours, discussion of the project vision, and operator feedback. 3. Market Engagement Questionnaire A written questionnaire was issued to operators on the mailing list to gauge market interest, understand delivery models, assess social value capability, and collect views on the proposed offer. 4. FAQs and Clarifications FAQ documents were developed and updated in response to supplier enquiries, site visit discussions and email feedback (Garret Street site info & FAQ Oct 2024, and Garret Street FAQ Document 2025. These documents summarised key points relating to planning, build timeline, workspace vision, utilities, lease structure, service charges, and operational considerations. They were circulated to all interested parties to ensure consistent information across the market. 5. Outreach via AWS Bulletin (Monthly) The opportunity was promoted through the Affordable Workspace monthly bulletin, reaching an audience of approximately 5,500 subscribers. The October bulletin specifically promoted the Garrett Street opportunity and invited operators to book site visits. This broadened market awareness and helped ensure fair access to pre-market information. 6. Direct Engagement (Emails & Meetings) The Council responded to ongoing enquiries from operators, businesses and residents. Meetings were offered to discuss opportunities, and clarifications were incorporated into public FAQs. All enquiries were logged and used to refine the scope and PME materials. Garrett Street Site Update Document and Site Plans was sent to the mailing list in January 2026. The Garrett site update email mentions the revised practical completion date of July 2026 instead of early 2027.) 7. External Learning Session - Leah's Yard (Sheffield) A knowledge-sharing session was held with Sheffield City Council regarding their "Leah's Yard" creative workspace scheme. Lessons learned helped refine communication, engagement and marketing approaches for Garrett Street. Further site visits can be arranged following publication of the tender notice. The tender for the Garret Street Affordable Workspace lease and concession contract will be advertised on the: • (FTS) Find a Tender service: ( https://www.find-tender.service.gov.uk/Search). Suppliers who wish to view the tender notice and submit a bid must be registered on the: • (LTP) London Tenders Portal: (https://www.londontenders.org).

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06577c
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/014960-2026
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK2 - Preliminary Market Engagement Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
SME, VCSE
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
£2,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
18 Feb 20264 days ago
Submission Deadline
Not specified
Future Notice Date
23 Feb 2026Today
Award Date
Not specified
Contract Period
31 Jul 2026 - 31 Jul 2033 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
LONDON BOROUGH OF ISLINGTON
Contact Name
Not specified
Contact Email
procurement@islington.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
N1 2UD
Post Town
North London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI43 Haringey and Islington
Delivery Location
TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLI London, TLJ South East (England), TLK South West (England)

Local Authority
Islington
Electoral Ward
St Mary's & St James'
Westminster Constituency
Islington South and Finsbury

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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