Asset Development Management Services, Charter Walk Shopping Centre, Burnley

Published date: 4 March 2025

Contract summary

Industry

Commercial property management services - 70332200

Location of contract

North West

Value of contract

£1,008,000

Procurement reference

CW 01/25

Published date

4 March 2025

Closing date

1 April 2025

Closing time

3pm

Contract start date

22 May 2025

Contract end date

30 April 2030

Contract type

Service contract

Procedure type

Open procedure (above threshold)

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

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Description

Burnley Borough Council is seeking to appoint an experienced asset and development management services company to provide advice on strategic direction and maximise the performance of the Council owned Charter Walk Shopping Centre in Burnley town centre.

A property management provider is already in place managing the day-to-day operation at Charter Walk. An asset and development management services provider will be responsible for the diligent supervision of the performance by the property manager of its obligations under the property management agreement.

A close working relationship and co-ordination between the asset & development management provider and the property management provider, as well as the council, will be necessary to meet the requirements of the council in relation to the strategic direction of Charter Walk.

The council intends to invest in Charter Walk to maintain and generate income growth over a 30-year period. The objective is to align the assets with the future requirements of the local community by supporting the growth of vibrant and diverse independent tenants in conjunction with the larger national brands.

Please see the Tender Brief and Invitation to Tender documents for further details.

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More information

Additional text

This opportunity notice has also been placed on the Find a Tender Service. The associated tender documentation is available on The Chest www.the-chest.org.uk Ref DN762871. Tender submissions should be via The Chest and prior to the submission deadline of 15:00 GMT on the 1st April 2025.

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How to apply

Follow the instructions given in the description or the more information section.

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About the buyer

Contact name

Heather Bullock

Address

Town Hall
BURNLEY
BB119SA
England

Email

hbullock@burnley.gov.uk

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