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active
Official procurement procedure

3 mills studios future operator- sublease opportunity

Entertainment film production
London (UKI41)
Published value
£16,000,000
Submission deadline 14 Jul 2023, 12:00 BST
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: London Legacy Development Corporation Limited (LLDC): "3 mills studios future operator- sublease opportunity". Published status: active. Published value: £16,000,000. 1 published lot. Recorded submission deadline: 14 Jul 2023, 12:00 BST. See the official notice for participation instructions.
Contracting AuthorityLondon Legacy Development Corporation Limited (LLDC)Scope & CategoriesNot publishedSubmission Window
Closed
14 Jul 2023, 12:00 BST
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)£16,000,000
Bidder Intelligence · Authority Profile: London Legacy Development Corporation Limited (LLDC)
Market Analytics
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Derived from OCDS awards & bid statistics
Published history for London Legacy Development Corporation Limited (LLDC). These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
Not availableNo published reports
Bid counts are not published for this buyer
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 0 active published awards; 0 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityLondon Legacy Development Corporation Limited (LLDC)
Procedure methodNot published
Procurement categoryNot published
Statusactive
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published14 Jun 2023, 16:05 BST
Last source update14 Jun 2023, 16:05 BST
Recurring procurementNo
ClassificationEntertainment film production
Delivery area
London (UKI41)
OCIDocds-h6vhtk-03d647
What is being bought
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.
What changed
From the official release history
  1. Published value updated to £16,000,000
    14 Jun 2023, 16:05 BST
  2. Status changed to active
    14 Jun 2023, 16:05 BST
  3. Official notice release published
    14 Jun 2023, 16:05 BST
  4. Submission deadline changed to 14 Jul 2023, 12:00 BST
    14 Jun 2023, 16:05 BST
  5. Buyer information updated
    14 Jun 2023, 16:05 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    active
    Published value£1
    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. Additional information: To respond to this opportunity please click here: https://www.delta-esourcing.com/respond/NPB5S9MKNV
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    14 Jun 2023, 16:05 BST
  2. Submission deadline
    14 Jul 2023, 12:00 BST
Commercial outcome and competition
AwardsNo award published
ContractsNo contract published
Bid statisticsNo aggregate bid statistics published
Buyer and organisations in this procedure

London Legacy Development Corporation Limited (LLDC)

Contracting authority GB-FTS-85180
View buyer profile
Documents (2)
Official links; attachments are not copied

  • economicSelectionCriteria

    tender
    economicSelectionCriteria

  • technicalSelectionCriteria

    tender
    technicalSelectionCriteria
Related procedures (0)
No data
No related procedures published