Awarded contract

Asset Management & Development Services, Charter Walk, Burnley

Details

Value
£480,000
Topic
Development services of real estate
Published
15 October 2025

Tender 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. Lot 1: 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.

Timeline

  1. Completed: Award date1 June 2025
  2. Completed: Award published15 October 2025
    Current notice

About the buyer

Burnley Borough Council is a local authority for the Burnley area of Lancashire, and runs its own in-house procurement team. Contracts in the middle value band need at least three competitive quotes before award. The largest contracts require sign-off from the council's Executive before they proceed.

Over the past 5 years, most of Burnley Borough Council's contract awards have been in construction work, software and information systems and repair and maintenance.

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