---
title: "Property Agent for the Disposal of Lambeth Hospital"
ocid: "ocds-h6vhtk-04cc76"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04cc76"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-04cc76.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-04cc76.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "SOUTH LONDON AND MAUDSLEY NHS FOUNDATION TRUST"
published: "2024-12-23"
---

# Property Agent for the Disposal of Lambeth Hospital

Buyer: SOUTH LONDON AND MAUDSLEY NHS FOUNDATION TRUST  
Current stage: Award  
OCID: ocds-h6vhtk-04cc76

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## Summary

The South London and Maudsley NHS Foundation Trust (SLaM) has completed the procurement process for a Property Agent for the disposal of Lambeth Hospital, with the contract being awarded to Cbre Limited. This procurement falls under the "Facilities management services" category and is part of a broad reorganisation following the development of the Douglas Bennet House and the Pears Maudsley Centre for Young Persons Mental Health. The procurement method used was a limited award procedure without prior publication, owing to specific site expertise requirements. The process culminated in the contract being signed on 29 November 2024, with a contract value of GBP 224,849.

This tender offers substantial opportunities for businesses specialising in property management and disposal services, particularly those with a focus on healthcare facilities. The project involves two main stages: preparing the site for sale and managing the sale process, including due diligence, market strategy, and negotiation of sale terms. This procurement is particularly suited for businesses with experience in large-scale property transactions and those capable of delivering comprehensive marketing and project management services. The successful supplier, Cbre Limited, was tasked with driving value through competitive bidding and ensuring strategic property disposal to maximise the Trust's returns.

## 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.

### 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.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/041334-2024 |
| 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 |
| All stages | Award |

## Dates

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

## Values

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

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | SOUTH LONDON AND MAUDSLEY NHS FOUNDATION TRUST |
| Locality | BECKENHAM |
| Post town | Bromley |
| Postcode | BR3 3BX |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI6 Outer London - South |
| ITL 3 | TLI61 Bromley |
| Local authority | Bromley |
| Electoral ward | Kelsey & Eden Park |
| Westminster constituency | Beckenham and Penge |
| Delivery location | TLI London |

## 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 08:36 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/041334-2024

## Notice URLs

- http://www.cbre.co.uk
- https://www.health-family.force.com/s/Welcome
- https://www.judiciary.uk/courts-and-tribunals/high-court/
- https://www.slam.nhs.uk

## 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-h6vhtk-04cc76. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-04cc76.json.
