Royal Mills Commercial Estate - Property Management Tender

• Country: United Kingdom
• Summary: Royal Mills Commercial Estate - Property Management, Lettings (Real Estate Agency Services) & Lease Consultancy Services
• GBT Ref No: 148009739
• Deadline: 04 Sep 2026
• Financier: Self Financed
• Purchaser Ownership: Government
• Tender Value: Refer Document
• Notice Type: Tender
• Document Ref. No.: P-1286
• Purchaser's Detail:
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• Description:
• Manchester City Council ('the Council') is looking to procure contracts for Royal Mills Commercial Estate. This requirement is split into 3no. Lots: (1) Property Management, (2) Lettings (Real Estate Agency Services) and (3) Lease Consultancy. Royal Mills Commercial Estate comprising of Royal Mill, Paragon Mill, Old & New Sedgwick Mills, Fairbairn Building, Nuovo A & Nuovo B was purchased by Manchester City Council in 2017 as part of the wider Ancoats Estate acquisition from Homes England. In 2019, a further acquisition was made by the Council of the remaining commercial long leasehold within Old & New Sedgwick, namely the Courtyard aka the Business Centre. Lease structure: - Freehold: MCC - Headlease (999 years): RM Developments Ltd - Commercial Lease (998 years): MCC - Royal Mill Business Centre Lease (150 years): MCC - Numerous commercial sub-leases from 2-25 years The Estate is a mixed-use development of both refurbished former mill buildings and new build properties. The Services to be provided are in respect of the Commercial elements of the Properties only. The maximum estimated value of the Contract over its maximum possible term is £420,000 (inclusive of VAT). The estimated split across the Lots are as follows: Lot 1 - Property Management - £300,000 (incl. VAT) Lot 2 - Lettings (Real Estate Agency Services) - £60,000 (incl. VAT) Lot 3 - Lease Consultancy (including Lease Renewals and Open Market Rent Reviews) - £60,000 (incl. VAT) Suppliers should note that this is o...
• Documents:

 Tender Notice