3 mills studios future operator- sublease opportunity

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Estimated value

£16.0m

Awarded value

Suppliers

0

Lots

1

0 awarded

Published

14 Jun 2023

Deadline 14 Jul 2023

Description

The LLDC are seeking to dispose of their long leasehold interest in 3 Mills Studios by way of sublease agreement for a minimum of 10 years. LLDC have nurtured and supported the film and media sectors for many years and are now looking for a single business with significant experience of successfully operating a film studio to protect the film and studio use of the 3 Mills site, to take on the on- going asset management for the entire site and maintain rental income to LLDC at a rent in line with (or above) the current net operating position.

Scope

Reference
BIP787714442
Total value
£16,000,000 excluding VAT
Commercial tool
Standalone contract
Contract dates
14 Dec 2023 to 14 Dec 2033
CPV classifications
92111310

Submission & procedure

Submission deadline
14 Jul 2023, 11:00 am