3 mills studios future operator- sublease opportunity
London Legacy Development Corporation Limited (LLDC)contractFind a Tender ↗Ref ocds-h6vhtk-03d64732014L0024closed for bids
Estimated value
£16.0m
services
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
- ocds-h6vhtk-03d647
- Total value
- £16,000,000 excluding VAT
- Commercial tool
- Standalone contract
- Contract dates
- 02 Sept 2023 to 31 Aug 2028
- Main category
- services
- Contract locations
- Hackney and Newham
Submission & procedure
- Submission deadline
- 14 Jul 2023, 11:00 am
- Submission address
- https://www.delta-esourcing.com/tenders/UK-title/NPB5S9MKNV ↗
- Procedure
- Restricted procedure