HS1 Property Services Framework

HS1 Limited intends to source three (3) suppliers to enter into a Framework Agreement for Property Services and are currently gaining expressions of interests from organisations who may be interested in this opportunity. For further information, please refer to the attached document This Framework will last for three (3) years, with the right for HS1 Ltd to extend for a further one (1) year. Throughout this duration, HS1 Limited envisages that it may require the following services: a) Agency- marketing and disposal advice on sites in the St Pancras & Kings Cross areas; Stratford and Ebbsfleet. b) Development appraisals. c) Valuation advice ranging from formal “Red Book” /Existing Use Valuations – for rail operational land – which are then used for taxation purposes, to opinions on sales values. d) Support in property negotiations. e) A rent review for HS1’s main office at 90 York Way consisting of circa 715 sqm. f) A possible lease renewal of HS1’s current office lease. g) As an alternative to renewing its office lease. Finding and acquiring new office premises. h) Rating advice including revaluations and negotiations with the VOA. i) Compulsory Purchase advice with HS1 as the Claimant. j) Building Consultancy. k) Party Wall advice.