Ground Lease in respect of land at Southend Hospital
- Published
- 14 May 2025
- Estimated value
- £50,000
- Place of performance
- UKH31
- Procedure
- Direct award
- Lots
- 1
- Notice number
- 021412-2025
- Reference
- ocds-h6vhtk-0504b3
- Official source
- Official source
CPV codes
- 45000000Construction work
- 45215100Construction work for buildings relating to health
- 45215140Hospital facilities construction work
Description
The Mid and South Essex NHS Foundation Trust" ("MSEFT") has entered into an Option Agreement with Noviniti Dev Co 12 Ltd ("Noviniti") giving Noviniti the right to call for a Ground Lease in respect of land at Southend Hospital ("the Hospital") as the site of a proposed building for intended hospital uses and clinical space including a Day Surgery Unit ("the Potential Development"). The Option Agreement is for an initial period of 39 weeks (subject to extension). MSEFT has had valuation advice and will grant the Ground Lease (which will be for a minimum term of 45 years subject to earlier break rights) ("the Ground Lease") at a premium which reflects market value as advised by independent valuation advice. The contractual arrangements are structured as a land contract within Schedule 2 paragraph 8 of the Procurement Act 2023 ("the Act") and underlying case law, and as such an "exempted contract" for the purposes of the Act and the Procurement Regulations 2024. The contractual arrangements the subject of this Notice were previously the subject of a Contract Award Notice dated 30 April 2025 and prior to that the subject of a Transparency Notice dated 17 April 2025.
Awards
| Awarded to | Amount | Date |
|---|---|---|
| NOVINITI LIMITED | — | — |
Official publications
- FTS · 021412-2025 · 14 May 2025
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Frequently asked questions
- What is the estimated value of this tender?
- The estimated value published by the buyer is £50,000.
- Who is the buyer of this tender?
- The contracting authority is Mid South Essex NHS Foundation Trust (United Kingdom).
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- Bids are submitted through the official public procurement portal in the United Kingdom. El Vínculo helps you find tenders and analyse their documents; submission always happens at the official source.
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