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Awarded

Property Management Services Charter Walk Shopping Centre and Pioneer Place, Burnley

Published

Supplier(s)

Monroe K Property Management

Value

127,125 GBP

Description

Burnley Borough Council is seeking to appoint an experienced property management company to maximise the performance and to undertake the day-to-day management and running of the Charter Walk Shopping Centre and the new Pioneer Place leisure development in Burnley town centre. In October 2021 Burnley Council purchased the leasehold interest on Charter Walk Shopping Centre, on St James Street, Burnley, BB11 1PY. Charter Walk is the dominant retail offering in the town centre. Charter Walk comprises of 358,689 sq ft net internal area of primary retail space. The partially covered shopping centre comprises 86 units, both high street brands and local independent traders. The council also has the leasehold interest on the adjacent 78,000 sq ft Curzon Square and 17,844 sq. ft. of secondary office space at Calder House. The centre is serviced by two car parks: Millenium; a 500-space multi-storey and Bankfield; a 260-space undercroft carpark. Work commenced on the construction of the Pioneer Place Development in January 2022. It is anticipated that practical completion will take place in spring 2023 with the development opening, after tenant fit out in Summer 2023. The development consists of a 7-screen cinema to be occupied on a long leasehold by REEL cinema, together with five Food and Beverage units ranging in size from 1600sq ft to 3508 sq ft linked by high quality public realm. The development also incorporates 3 car parking areas accommodating 227 car parking spaces which will be retained and managed by the Council. Summary of the scope of services required: The provision of property management services at Charter Walk Shopping Centre and Pioneer Place in an efficient, professional, and diligent manner in accordance with the best industry standards relevant at the time. Providing the full range of financial administration, facilities management, health and safety and maintaining all the statutory and regulatory requirements needed to operate a shopping centre and leisure development and the associated premises of this nature, in accordance with the Chartered Surveyors' RICS Red Book and relevant RICS codes, Members' Accounts Regulations and the Accountants Report Regulations of the Royal Institute of Chartered Surveyors To work in close co-operation with the asset management company, appointed by the Council, to manage and develop the assets, including representation jointly and effectively at regular meetings with Council Officers. Further details of the full scope of requirements and tender information are included in the Tender Brief and ITT documentation associated with this opportunity, available at www.the-chest.org.uk [Ref: DN630246]. A notice for this opportunity has been published via the Find a Tender Service Ref: 2022/S 000-023857 Additional information: The initial contract period will be for 5 years (60 months) with an option to extend by a further period of 3 years (36 months) subject to contract review. This opportunity has been published on the Find a Tender Service 2022/S 000-023857. Tender documents are available on, and tender submission prior to the deadline is via, www.the-chest.org.uk

Timeline

Award date

2 years ago

Publish date

a year ago

Buyer information

Burnley Borough Council

Contact:
Chris Gay
Email:
cgay@burnley.gov.uk

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