Wellington Square Management contract
A Contract Award Notice
by STOCKTON ON TEES BOROUGH COUNCIL
- Source
- Find a Tender
- Type
- Contract (Services)
- Duration
- not specified
- Value
- £497K
- Sector
- FACILITY
- Published
- 02 Mar 2026
- Delivery
- not specified
- Deadline
- n/a
Related Terms
Location
Stockton on Tees
2 buyers
- Stockton on Tees Borough Council Stockton on Tees
1 supplier
- Bloom Procurement Services Altrincham
Description
The Council requires an external property agent ("Property Manager") to undertake day to day management of Wellington Square shopping centre and car park. The management of the centre will include acting on behalf of the council to negotiate with tenants at rent reviews and lease renewals, along with marketing of vacant units and negotiating favourable lease terms with prospective tenants and work as necessary to budget, forecast, manage, disperse, balance and apportion the service charge.
Total Quantity or Scope
This is a services contract for a property management provider to manage a shopping centre.
Award Detail
| 1 | Bloom Procurement Services (Altrincham)
|
Renewal Options
there are two optional 12 month extensions for this contract. These are reflected in the value
Award Criteria
| PRICE | _ |
CPV Codes
- 70332200 - Commercial property management services
Indicators
- Options are available.
- Award on basis of price.
Legal Justification
Direct award from NEPO503 Vendor Neutral Managed Service for (NEPRO3) Specialist Professional Services Framework to Knight Frank
Reference
- FTS 018428-2026