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2223-0331 Garrett Street Affordable Workspace Project

London Borough of Islington · Local authority

In brief

London Borough of Islington has announced plans to buy property work. This is an early notice: there is nothing to bid on yet, but it tells you a tender may follow.

The estimated value is £2,500,000 excluding VAT.

The contract runs for 7 years, starting 1 August 2026.

The buyer says it is suitable for small and medium-sized businesses.

Built from the notice's own fields. Always check the official notice before you bid.

Can I win this?

Competition

Usually high: a median of 6 bids per contract for this buyer (from 7 awards in the last 12 months).

What the notice says

This contract seeks an operator to manage the upcoming affordable workspace on Garrett Street, EC1Y 0TY on a 7-year lease. Intended as a flexible creative workspace / makerspace covering 1,205 sqm over ground and 1st floor levels, it will increase the diversity of businesses supported through the AWS programme. The contract will be offered on a peppercorn rent in exchange for targeted social value that reflects the estimated £3.15m market rental value over the contract term. As with other Islington AWS sites there will be no monetary income directly delivered to the council. The operator will be responsible for business rates, discounted service charges and insurance.

How to bid

  1. Read the full notice on Find a Tender, including any tender documents it links to.
  2. Register your organisation on the Central Digital Platform (through Find a Tender) if you have not already. Suppliers need to be registered to take part in procurements under the Procurement Act 2023.
  3. Follow the submission instructions in the notice; it does not name an e-tendering portal.

Timeline

  1. Preliminary market engagement notice · UK2, notice 014960-2026

About the buyer

London Borough of IslingtonLast 12 months

Procurements

159

Awards

68

Suppliers it has used most for property

All tenders and awards from London Borough of Islington

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From notice 014960-2026 on Find a Tender, first published 18 February 2026. We last checked for changes on 28 September 2026.