Method of Disposal

Blakenhall Gardens will be disposed of by a four-stage tender process.

Stage 1 – Expressions of Interest

Interested parties are invited to submit written proposals to Bruton Knowles Birmingham office to be received no later than 12:00 midday on Wednesday 1st March 2006, these are to include:

• Company structure, background and an indication as to the method of finance plus evidence as to the availability of finance.
• Details of similar projects undertaken by the party.
• Examples of where the party has worked in partnership on similar projects.
• Details of the professional team.
• An explanation of the interested party’s approach to Urban Design with an indication of how their scheme would assist in the regeneration of the City and neighbourhood renewal.
• The party’s experience of neighbourhood renewal. An indication of the number of completions achieved within last 3 years broken down into the types of tenure.

Stage 2 – Scheme

Following receipt of Stage One Expressions of Interest, short-listed parties will be invited to submit Stage Two submissions to include:

• Scale drawings showing the layout (1:500 scale), footprint, massing, main elevations (1:50), principal materials, pedestrian and vehicle access and movements, car parking and relationship with neighbouring buildings and streets.
• Schedule of areas.
• A detailed and working knowledge of the Marketing Brief must be demonstrated.
• Strategy for existing on-site retailers – existing occupancy details are available upon request.

Stage 3 – Financial Bids

• Following receipt of scheme proposals, short-listed parties will be invited to submit financial bids based upon their earlier submissions
• Financial bids are to be accompanied with pre-conditions /conditions, a full financial appraisal with supporting information giving assumed sale values, construction costs, fees, finance charges, developer’s profit and other relevant details.

Stage 4 – Interview

• A final short-list of interested parties will be invited to a final interview stage with a preferred developer being selected.

Our clients reserve the right not to accept the highest or any bid.