Acquisition of land and associated construction works relating to proposed Becketwell Venue, Colyear Street, Derby
Derby City Council ("the Council") has entered into contractual arrangements with SJS (4) Limited and St James Securities Group for the development of a performance venue. The Council has entered into two principal agreements with SJS(4) Limited: (1) A land sale agreement under which the Council will purchase land from SJS(4) Limited for a value of GBP 561,495 which is to be the main part of the site of the performance venue after SJS has satisfied conditions requiring SJS(4) Limited to secure planning permission f...
Buyer
Derby City Council
Value
£45,800,000
Published
18 May 2021
Closes
18 May 2021
Procurement details
Source
Find a Tender
Region
Derby
Procurement method
Limited
Category
Works
Contract starts
Not provided
Contract ends
Not provided
CPV classifications
45000000
Construction work
44000000
Construction structures and materials; auxiliary products to construction (except electric apparatus)
45212000
Construction work for buildings relating to leisure, sports, culture, lodging and restaurants
Lots
Lot 1 Acquisition of land and associated construction works relating to proposed Becketwell Venue, Colyear Street, Derby
£45,800,000
The Council intends to acquire a venue which will be suitable to lease to an operating partner for the delivery of performance events with a capacity of approximately 3,500 and a guaranteed annual revenue stream. This will form part of the regeneration of the Becketwell area of Derby. The Council has entered into agreements with SJS(4) Limited under which th...
Delivery: Derby
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