Basildon Hospital main entrance and retail facility
Mid and South Essex NHS Foundation Trust ("MSE") has entered into a series of leasing arrangements with Noviniti Dev Co 8 Ltd ("Noviniti") and WHSmith ("WHS") in respect of a retail development ("the Development") at Basildon Hospital, Essex ("the Hospital") with WHS as Noviniti's initial tenant and retail operator. MSE has structured the contractual arrangement as a land transaction exempt from the Public Contracts Regulations 2015 (PCR) and the Concession Contracts Regulations 2016 (CCR). Noviniti has an option t...
Buyer
Mid and South Essex NHS Foundation Trust
Value
£10,650,000
Published
10 Oct 2021
Closes
10 Oct 2021
Procurement details
Source
Find a Tender
Region
Essex Thames Gateway
Procurement method
Limited
Category
Works
Contract starts
Not provided
Contract ends
Not provided
CPV classifications
45000000
Construction work
45214710
Entrance hall construction work
45215100
Construction work for buildings relating to health
45215140
Hospital facilities construction work
55900000
Retail trade services
Lots
Lot 1 Basildon Hospital main entrance and retail facility
£10,650,000
MSE has entered into a tripartite Agreement for Underlease with Noviniti and WHS. In this agreement WHS commits to accepting the grant of a 15-year underlease (with rent obligations to Noviniti) on practical completion of the retail facilities. MSE (as head landlord) will have insurance obligations owed to WHS and a repairing covenant for the retail faciliti...
Delivery: Essex Thames Gateway
Documents
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Contains public sector information licensed under the Open Government Licence v3.0.