--- title: "Commercial Agency (Embankment House)" ocid: "ocds-b5fd17-7ac4bbae-a36d-4913-ac82-70247eb356d8" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-7ac4bbae-a36d-4913-ac82-70247eb356d8" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-7ac4bbae-a36d-4913-ac82-70247eb356d8.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-7ac4bbae-a36d-4913-ac82-70247eb356d8.json" source: "Contracts Finder" current_stage: "Tender" buyer: "LEICESTERSHIRE COUNTY COUNCIL" published: "2021-11-25" --- # Commercial Agency (Embankment House) Buyer: LEICESTERSHIRE COUNTY COUNCIL Current stage: Tender OCID: ocds-b5fd17-7ac4bbae-a36d-4913-ac82-70247eb356d8 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-7ac4bbae-a36d-4913-ac82-70247eb356d8) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-7ac4bbae-a36d-4913-ac82-70247eb356d8.json) ## Summary Leicestershire County Council is issuing a tender for a Commercial Agency role concerning the development land adjacent to Embankment House, located at Electric Avenue, Nottingham NG80 1EH. The procurement process is currently in the tender stage, with the tender period set to close on 27 December 2021. The project involves the development of a site extending to 2.24 hectares (5.54 acres), previously used as a power station, and is classified under the real estate services industry category. This contract is valued at £181,000 and is being procured through an open procedure method. This tender presents significant opportunities for businesses specializing in real estate services and consultancy, particularly those experienced in site development, feasibility studies, and property marketing. Businesses that can provide insights into appropriate land uses and demands, as well as effective letting strategies, would be well-suited to compete. Given the scale of the project, small and medium-sized enterprises (SMEs) are encouraged to participate, as their innovative approaches can greatly benefit the buyer's objectives for the site development. ## Notice Leicestershire County Council owns the Development Land adjacent to Embankment House, Electric Avenue, Nottingham NG80 1EH. The County Council acquired Embankment House in February 2018 which comprises a 60,000 sq ft office building with potential development land located off Queens Drive as outlined in red on plan 1. The development land extends to 2.24 hectares (5.54 acres). The land currently comprises of raised landscaped areas which was formerly a power station. The extent of the site is understood to be underlain by basements and other geotechnical anomalies, infilled with demolition material. Leicestershire County Council are seeking to appoint an agent to act on our behalf in respect of developing and letting the aforementioned site. If appointed your advice and services would include: Brief 1: 1. If appointed, you will be required to inspect, consider the site and provide a viability report to provide the County Council with details of appropriate uses and demand for the site from a commercial perspective. Brief 2 is subject to the outcome of brief 1 and the outcome of planning discussions. Both briefs are to be tendered together. The County Council reserve the right pending the outcome of Brief 1 and planning discussions not to proceed with Brief 2. 1. Provision of a range of values (not red book valuation) and details of all/any options you consider appropriate. This element will include a feasibility review to include any uses you consider appropriate or high demand for in this area. 2. Advice on the appropriate method of letting. 3. Advice on whether offers should be conditional or unconditional. 4. Appropriate marketing of the property to include the preparation of letting particulars and marketing material. 5. Letting of the property on behalf of the County Council to include preparation of the Heads of Terms. 6. Working with the County Council's solicitors to agree the specific terms of the lease agreed. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/a1b1a494-217a-4486-87c4-95f772a14867 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | SME | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 25 Nov 2021 | | Submission deadline | 27 Dec 2021 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 1 Feb 2022 - 31 Jan 2026 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £181,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | LEICESTERSHIRE COUNTY COUNCIL | | Locality | LEICESTER | | Post town | Leicester | | Postcode | LE3 8RA | | Country | England | | ITL 1 | TLF East Midlands (England) | | ITL 2 | TLF2 Leicestershire, Rutland and Northamptonshire | | ITL 3 | TLF22 Leicestershire CC and Rutland | | Local authority | Blaby | | Electoral ward | Glenfield Faire | | Westminster constituency | Mid Leicestershire | | Delivery location | TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England) | ## CPV Codes ### Divisions - 70 - Real estate services ### Codes - 70000000 - Real estate services ## Release History - 25 Nov 2021 at 09:59 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/a1b1a494-217a-4486-87c4-95f772a14867 - 25 Nov 2021 at 09:14 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/d2c91d26-8259-40f9-8da4-bbc842afe19b - 25 Nov 2021 at 09:13 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/e799dc15-63c8-4562-90b0-caca6b91a5ce - 25 Nov 2021 at 08:55 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/455cc469-8b61-44eb-84d8-2d4d308e51de ## Documents - https://www.contractsfinder.service.gov.uk/Notice/a1b1a494-217a-4486-87c4-95f772a14867 25th November 2021 - Opportunity notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/d2c91d26-8259-40f9-8da4-bbc842afe19b 25th November 2021 - Opportunity notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/e799dc15-63c8-4562-90b0-caca6b91a5ce 25th November 2021 - Opportunity notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/455cc469-8b61-44eb-84d8-2d4d308e51de 25th November 2021 - Opportunity notice on Contracts Finder - https://procontract.due-north.com/Advert/index?advertId=268b40dd-cb4d-ec11-810e-005056b64545 Link to opportunity ## 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-b5fd17-7ac4bbae-a36d-4913-ac82-70247eb356d8. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-7ac4bbae-a36d-4913-ac82-70247eb356d8.json.