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Tenfell
Closed tender
Published 12 Aug 2024

Rising Sun Farm - Community Letting Opportunity

North Tyneside Council · North East

Key facts

Estimated value
£3,600,000
Closing date
16 Sep 2024
Contract starts
02 Dec 2024
Contract ends
01 Dec 2064
Procedure
Competitive procedure with negotiation (above threshold)
Buyer type
Local government

Description

The Authority requires a long-term operator to enter into a Lease and Management Authority of 40 years, for the property of Rising Sun Farm. The successful Tenderer will enter into the Lease and Management Agreement and take full responsibility for the maintenance of all farm buildings and farmland and all financial outgoings for Rising Sun Farm. The successful Tenderer will have regard to the existing occupational interests of Rising Sun Farm. The rental income from the existing occupational interests will assist with the outgoings of Rising Sun Farm.

Additional information: The Authority requires a long-term operator to enter into a Lease and Management Authority of 40 years, for the property of Rising Sun Farm. The successful Tenderer will enter into the Lease and Management Agreement and take full responsibility for the maintenance of all farm buildings and farmland and all financial outgoings for Rising Sun Farm. The successful Tenderer will have regard to the existing occupational interests of Rising Sun Farm. The rental income from the existing occupational interests will assist with the outgoings of Rising Sun Farm. The full detail's of the award criteria are included in the Tender Documents The Tender documentation is available to access and download immediately once organisations have registered their interest in this opportunity ONLY via the ProContract electronic Tendering Portal, the link to the, website is provided further below The link to North Tyneside Councils Tender opportunities is:- Interested bidders must access the Tender documents for further information, which are available to download immediately in the NEPO Portal after registering an interest via the link below. Unregistered bidders will be redirected to a registration page, registration is free.

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