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Ground Lease in respect of land at Southend Hospital

Mid and South Essex NHS Foundation Trust

Buyer Contact Info

Buyer Name: Mid and South Essex NHS Foundation Trust

Buyer Address: Basildon University Hospital, Nether Mayne, Basildon, UKH37, SS16 5NL, United Kingdom

Contact Email: maninder.dulku@attain.co.uk

Status
complete
Procedure
direct
Value
50000.0 GBP
Published
14 May 2025, 14:53
Deadline
n/a
Contract Start
14 May 2025, 23:00
Contract End
12 Feb 2026, 23:59
Category
n/a
CPV
45000000 - Construction work
Region
n/a
Awarded To
NOVINITI LIMITED
Official Source
Open Find a Tender

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.

Linked Documents

No linked documents found for this notice.

Opportunity Context

Lots

Lot 1 Status: complete

Raw Notice JSON

Expand raw payload
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