---
title: "Property Agent for the Disposal of Lambeth Hospital"
ocid: "ocds-b5fd17-56617d15-b542-4b00-aedc-8441b4d8903e"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-56617d15-b542-4b00-aedc-8441b4d8903e"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-56617d15-b542-4b00-aedc-8441b4d8903e.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-56617d15-b542-4b00-aedc-8441b4d8903e.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "GUY'S AND ST THOMAS' NHS FOUNDATION TRUST"
published: "2024-12-23"
---

# Property Agent for the Disposal of Lambeth Hospital

Buyer: GUY'S AND ST THOMAS' NHS FOUNDATION TRUST  
Current stage: Award  
OCID: ocds-b5fd17-56617d15-b542-4b00-aedc-8441b4d8903e

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## Summary

The South London and Maudsley NHS Foundation Trust has awarded a contract to CBRE Limited for the disposal of the Lambeth Hospital site, classified under Facilities Management Services (CPV code 79993100). The project entails marketing and selling the property, which has become redundant following the development of two new clinical buildings. The contract commenced on 29 November 2024 and will run until 29 November 2026. The tender process went through the stages of scoping, procurement, project management of site due diligence, and then selling the site with current or amended planning consents. The contract's value is £710,849, reflecting a combination of a fixed fee and a performance-based incentive.

This procurement process offers substantial business growth opportunities for companies specialised in property management, marketing, and real estate brokerage, particularly those with expertise in large-scale property sales and due diligence. The requirement for comprehensive marketing strategies and coordination with legal and consultancy services means businesses that can provide integrated services will be well-suited to compete. While the contract's suitability is not specifically targeted at SMEs or VCSEs, large organisations with the capacity to manage high-value and complex transactions are encouraged to take notice of such opportunities to leverage their expertise and drive competitive bidding in future tenders.

## Notice

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.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/29e67d82-16d2-4f1e-ae18-e05bfa31f927 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 23 Dec 2024 |
| Submission deadline | 28 Nov 2024 |
| Future notice date | Not specified |
| Award date | 29 Nov 2024 |
| Contract period | 29 Nov 2024 - 29 Nov 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £710,849 |
| Lots value | Not specified |
| Awards value | £224,849 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | GUY'S AND ST THOMAS' NHS FOUNDATION TRUST |
| Locality | LONDON |
| Post town | South East London |
| Postcode | SE1 9RT |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI44 Lewisham and Southwark |
| Local authority | Southwark |
| Electoral ward | London Bridge & West Bermondsey |
| Westminster constituency | Bermondsey and Old Southwark |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | CBRE |

## CPV Codes

### Divisions

- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 79993100 - Facilities management services

## Release History

- 23 Dec 2024 at 08:37 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/29e67d82-16d2-4f1e-ae18-e05bfa31f927

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/29e67d82-16d2-4f1e-ae18-e05bfa31f927
  23rd December 2024 - Awarded contract notice on Contracts Finder

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-56617d15-b542-4b00-aedc-8441b4d8903e. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-56617d15-b542-4b00-aedc-8441b4d8903e.json.